Property profile

3200 Coors NW Blvd Albuquerque, NM 87120

OFF-MARKET
Strip malls
Property ID
US61-0139993
19,040 SF 1.73 ac lot Built 1981
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 3200 Coors Blvd NW, Albuquerque, New Mexico, 87120. The property, a shopping center with multiple tenants, boasts a total building area of 20,047 square feet situated on a 1.9-acre lot. Currently, one retail space of 1,791 square feet is available. The property benefits from excellent visibility and high traffic counts, averaging approximately 57,200 cars per day. Its strategic location on Coors Boulevard, just one mile from I-40, ensures significant exposure to a large customer base. The zoning is designated MX-L, Low Intensity. The Bernalillo County property (APN: 101106027409240633) features prominent pylon signage opportunities. Included in the lease are fixtures, furniture, and equipment. This makes it an ideal location for businesses seeking high visibility and convenient access to major transportation routes. The property presents a compelling investment opportunity in a thriving Albuquerque retail corridor.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1981
Total area 19,040 SF
Lot 1.73 ac (75,533 SF)
APN 1-011-060-274-092-4-06-33
UPID US61-0139993

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
  • Loan Service
  • Accounting Firm Tax Preparation
  • Alternative Medicine Practice Spa & Massage Center
  • Atm Currency Exchange Service
  • Daycare Center Foster Care Service

Location

3200 Coors NW Blvd Albuquerque, NM 87120-1269
Albuquerque metro Census 4729 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
2020
Price N/A
2018
Price N/A
2012
Price N/A

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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