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Property profile & analytics
OFF-MARKET
Turn key restaurants

320 Central SE Ave Albuquerque, NM 87102-3516

3,686 SF 0.31 ac lot Built 1936
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US61-0282593
Property summary
AI-generated overview

This Albuquerque, NM property, located at 320 Central Ave SE, presents a unique investment opportunity. The 10,613 square foot building offers a blend of commercial uses, currently housing The Range Café. The restaurant component encompasses 6,126 square feet, including an 820 square foot fenced patio and 32 on-site parking spaces, supplemented by ample street parking. The property also includes 4,487 square feet of Class A finished office space, ideal for corporate functions or expansion. The building features a single-story design with a mezzanine office and a finished basement. This turnkey operation is available for sale at $2,800,000 ($263.83/sq ft) and can be delivered vacant. All existing restaurant furniture, fixtures, and equipment (FF&E) will be included in the sale. This prime East Downtown location in Bernalillo County, zip code 87102, offers high visibility and accessibility. The property's versatile layout and existing infrastructure make it suitable for a variety of uses, presenting a compelling opportunity for both established businesses and new ventures.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1936
Total area 3,686 SF
Lot 0.31 ac (13,678 SF)
APN 1-014-057-404-377-1-15-06
UPID US61-0282593
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Range Cafe Restaurant
  • vinh nhat Landscaping
  • Range Cafe Downtown Restaurant
  • Aidan Gardner Consulting Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hayman Properties LLC · 11 yrs held
Hayman Properties LLC
since 2015
4 recorded transactions
2015
Price N/A
2009
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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