Property summary
This exceptional 9,000 square foot property, formerly a hotel and restaurant, presents a unique opportunity for an event center. Situated on 5.043 acres in Bernalillo County's Northeast Heights submarket, this single-tenant space boasts significant freeway visibility and convenient access to I-40, ensuring high traffic volume. The building features a fully equipped kitchen with a hood system, perfectly suited for catering and event needs. Its prime location benefits from a strong shadow anchor lineup, including Target, At Home, Best Buy, Petco, and Dollar Tree, drawing substantial foot traffic to the area. The high-traffic corridor sees an impressive 73,500 vehicles per day, providing unparalleled exposure for your business. This property offers a rare combination of size, location, and existing infrastructure, making it an ideal investment for a thriving event center or similar venture. The ample land provides potential for future expansion or outdoor event space. Don't miss this chance to acquire a well-positioned property in a bustling commercial area.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
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Hardware & Home Improvement Interior Design
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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