2910 Juan Tabo NE Blvd Albuquerque, NM 87112-1828
- Grocery and convenience stores
- 47,242 SF
- 5.65 lot acres
Current Use by Public Records
- Albertsons Market Pharmacy / Pharmacy
- Albertsons Market / Grocery Store
- Starbucks / Coffee Shop
- Maurice Schauffert / Pharmacy
- Coinme at Coinstar - Bitcoin Kiosk / Kiosk / Atm
Property Details for 2910 Juan Tabo NE Blvd
- Year built
- 1982
- Lot size
- 5.65 lot acres
- Property size
- 47,242 SF
- Property type
- Grocery and convenience stores
- APN
- 1-022-059-326-505-2-14-24
- APU
- 102205932650521424
Description
This exceptional 17,248 square foot retail outparcel, situated on a 4-acre lot at 2910 Juan Tabo Blvd NE in Albuquerque, New Mexico (zip code 87112), presents a compelling investment opportunity. The property boasts a prime location with excellent visibility and full turn access, making it highly attractive to a wide range of businesses. The site is part of a grocery-anchored center, ensuring consistent foot traffic and strong surrounding demographics. The potential for a drive-thru is also a significant advantage. A proposed large monument sign will further enhance visibility and brand recognition. The property's C-2 zoning allows for a variety of uses. The existing building comprises a total of 56,972 square feet, with 17,248 square feet currently available for lease. This represents a significant opportunity to capitalize on the low vacancy rate in this thriving commercial corridor and benefit from the excellent co-tenancy. The property's location offers strong potential for growth and return on investment. The coordinates are 35.1153627 latitude and -106.5138395 longitude.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $895,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,055,000
- 6.5%
- $1,105,000
- 7%
- $1,170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,040,000
- Geo Method
- $970,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,130,000
- Retail
- $955,000
- Mixed-Use
- $1,200,000
- Hospitality
- $940,000
- Educational
- $1,050,000
- Residential Income
- $1,275,000
- Energy
- $1,300,000
- Income-Based Land
- $1,190,000
- Food Service
- $1,080,000
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.514
- Latitude
- 35.1155
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA