Property profile

2800 Richmond NE Dr Albuquerque, NM 87107

OFF-MARKET
Strip malls
Property ID
US61-0117512
12,000 SF 0.76 ac lot Built 1971
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1971
Total area 12,000 SF
Lot 0.76 ac (33,236 SF)
APN 1-016-059-335-412-1-04-07
UPID US61-0117512

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

2800 Richmond NE Dr Albuquerque, NM 87107-1919
Albuquerque metro Census 3400 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$975k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$975k

Owner & transaction history

since 2022
Last sale
$1.0M
3 recorded transactions
2022
$1.0M
2019
Price N/A
2019
$600,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.5M +343.6%
Retail stores $1.3M +269.7%
Restaurant $1.3M +269.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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