Property profile

3632 Menaul Blvd NE Albuquerque, NM 87110

FOR LEASE
Drug stores
Saved · see the list in your Dashboard
Property ID
US61-0279345
15,712 SF 1.66 ac Built 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value$429k
Assessed land$147k
Assessed improvement$281k
Effective rate4.80%

Value estimate

· Nov 2026
$465k
$419k – $512k
Submarket $/SF estimate$1.63M
NOI build-up
Gross scheduled income$362k
Vacancy & credit loss−$27k
Operating expenses−$100k
NOI$234k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
$234k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERNALILLO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.3
Dental Office17.7
Parking Facility17.3

Location

3632 Menaul Blvd NE Albuquerque, NM 87110
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4314 Lomas NE, Albuquerque, NM 87110-7751 $130,000 Feb 2023 2,188 SF
2520 San Mateo NE, Albuquerque, NM 87110-4094 $774,123 Sep 2022 15,003 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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