4100 Central SE Ave, Albuquerque, NM 87108-1161
- Warehouses
- 104,034 SF
- 0.59 lot acres
Current Use by Public Records
- T-Mobile Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store
- Auto Title Loans Albuquerque Co. by Get iLoan / Loan Service
- Panda Express / Restaurant
- CubeSmart Self Storage / Storage Facility
- Barbacoa Juarez / Restaurant
Property Details for 4100 Central SE Ave
- Year built
- 2018
- Lot size
- 0.59 lot acres
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 1-017-057-182-207-3-39-14
- APU
- 101705718220733914
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 31, 2023 | — | Cft Nv Developments LLC | — | Deed · related | $2.3M · East West Bank |
| Aug 19, 2022 | — | Cft Nv Developments LLC | Sherri I Bovino | Special Warranty Deed | — |
| Apr 12, 2019 | — | Pulse Ventures LLC | — | Deed · related | $4.1M · New Mexico Bk |
| Apr 11, 2019 | — | Pulse Ventures LLC | — | Deed · related | $4.1M · New Mexico Bank & Trust |
| Jun 20, 2018 | — | Pulse Ventures LLC | — | Loan Modification · related | $7.4M · New Mexico Bk |
| Aug 23, 2017 | — | Pulse Ventures LLC | — | Grant Deed · related | $6M · New Mexico Bk |
| Jan 11, 2006 | — | Pulse Ventures LLC | Sheffield Partners LLC | Grant Deed | — |
| Nov 23, 2005 | — | Sp & V Entertainment INC | 4100 Central LLC | Grant Deed | — |
| Apr 28, 2004 | — | 4100 Central LLC | Randolph Floriene G Trust | Quit Claim Deed · related | — |
| — | — | Pulse Ventures LLC | — | Deed Of Trust · related | $2.4M · Enchantment Land Certified Dev |
| — | — | Pulse Ventures LLC | — | Loan Modification · related | $4.1M · New Mexico Bk |
| — | — | Pulse Ventures LLC | — | Deed Of Trust · related | $800k · Ike Hong |
| — | — | Pulse Ventures LLC | — | Deed Of Trust · related | $280k · Bank Of The West |
| — | — | Pulse Ventures LLC | — | Deed Of Trust · related | $575k · Lake Forest Bank & Trust Co |
| — | — | Pulse Ventures LLC | — | Deed Of Trust · related | $600k · New Mexico Bank & Trust |
Description
This exceptional retail opportunity is located at the signalized intersection of Central Ave (30,960 vehicles per day) and Atrisco Drive SW (9,733 vehicles per day) in Bernalillo County. The property, a 2018-constructed strip center, boasts a 2,200 square foot space currently available for lease. It benefits from strong anchors including Burlington, Conn’s HomePlus, Harbor Freight Tools, and Dollar Tree, ensuring high visibility and foot traffic. The location is surrounded by a robust mix of national and regional retailers such as El Super, Ross, and Family Dollar, creating a thriving retail environment. With approximately 240,000 people within a 5-mile radius and a daytime population of approximately 68,000 within 3 miles, this property offers significant market reach. Its proximity to Downtown Albuquerque (less than 2.5 miles) and West Mesa High School further enhances its appeal. The area is considered an underserved retail trade area, presenting a unique opportunity for growth and expansion. This is a rare chance to secure a space in a high-traffic, well-established retail center.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,400,000
- 6.5%
- $12,370,000
- 7%
- $11,485,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $9,532,000
Market price range: $5.21M - $12.6M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $8,385,000 Current use
- RESTAURANT
- $12,620,000 Change: +51% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $11,540,000 Change: +38% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $11,395,000 Change: +36% Conversion: Difficult
- RETAIL STORES
- $11,270,000 Change: +34% Conversion: Moderate
- OFFICE BUILDING
- $10,990,000 Change: +31% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.598
- Latitude
- 35.0788
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
