4600 Central SE Ave Albuquerque, NM 87108-1231
- Auto shops
- 2,803 SF
- 0.39 lot acres
Nov 02, 2021
Current Use by Public Records
- Jim's 66 Muffler & Auto Repair / Muffler Shop
- ATM (Jim's 66 Muffler & Auto Services) / Car Repair And Maintenance / Atm
Property Details for 4600 Central SE Ave
- Year built
- 1952
- Lot size
- 0.39 lot acres
- Property size
- 2,803 SF
- Property type
- Auto shops
- APN
- 1-017-057-339-193-4-24-03
- APU
- 101705733919342403
Description
This exceptional Albuquerque storefront, located on a corner lot at 4600 Central Ave SE in the desirable Nob Hill area, offers 2,803 square feet of versatile commercial space. The property features a 6-bay shop/office building constructed of concrete masonry block with pitched and flat roof systems. The building includes concrete slab-on-grade flooring, ceiling-mounted heating units, and evaporative cooling. Six roll-up doors and above-ground lifts provide convenient access. In addition to the main building, the property includes a 295-square-foot portable office building with wall-mounted furnace and evaporative cooling, and a 125-square-foot portable storage building equipped with a window-mounted refrigerated unit. An outdoor concrete slab-on-grade area features a metal mechanic station with a below-floor vehicle service pit. The asking price for this property is $650,000 ($231.89 per square foot). Owner financing is available for qualified buyers, with terms including a 20% down payment, 6.5% interest, 20-year amortization, and a 10-year call. A separate muffler business is also available for purchase for $250,000; the building and business may be purchased together or separately. The property's zip code is 87108, and it is situated in Bernalillo County, New Mexico.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $280,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $397,000
Market price range: $183k - $407k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $310,000 Current use
- RETAIL STORES
- $305,000 Change: -2% Conversion: Difficult
- OFFICE BUILDING
- $295,000 Change: -5% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.593
- Latitude
- 35.0782
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA