3632 Menaul Blvd NE Albuquerque, NM 87110
Property profile & analytics
3632 Menaul Blvd NE Albuquerque, NM 87110
- Drug stores
- 15,712 SF
- 1.66 lot acres
Property ID
US61-0279345
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Walgreens Pharmacy / Pharmacy
- Walgreens Photo / (Bike/Boat/Book/etc) Store
- Keo K. Vongvichith, PharmD / Pharmacy
- FedEx OnSite / Postal Service / Courier Service
- Walgreens / Pharmacy
Property Details for 3632 Menaul Blvd NE
- Year built
- 2008
- Lot size
- 1.66 lot acres
- Property size
- 15,712 SF
- Property type
- Drug stores
- APN
- 1-017-059-032-246-3-10-35
- APU
- 101705903224631035
Description
This exceptional 16,284 square foot freestanding retail or restaurant building is available for immediate sublease at 3632 Menaul Blvd NE, Albuquerque, NM 87110. The property boasts superior visibility and multiple access points, ensuring high traffic exposure. Located along Menaul Boulevard, this space benefits from excellent exposure to a daily traffic count exceeding 24,890 vehicles. The building is in excellent condition and offers the rare advantage of a drive-thru, a highly desirable feature for many businesses. Its strategic location provides convenient access to major thoroughfares, including I-40 and I-25, enhancing its appeal to a wide customer base. The sublease agreement with Walgreens is in place until October 31, 2033. All offers are subject to the approval of the Walgreens Real Estate Committee. This presents a unique opportunity to secure a prime retail location in a high-traffic area of Albuquerque. The single-tenant occupancy ensures a streamlined operational environment. Don't miss this chance to establish your business in this highly visible and accessible space.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,625,000
Market price range: $615k - $1.63M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,190,000 Current use
- COMMERCIAL (GENERAL)
- $2,040,000 Change: +71% Conversion: Easy
- RESTAURANT
- $1,485,000 Change: +25% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,390,000 Change: +17% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.603
- Latitude
- 35.1087
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,563
$147,317
$281,301
$428,618
-
$441,995
$843,987
$1,285,982
