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Property profile & analytics
OFF-MARKET
Investment properties

4604 Corrales Rd Corrales, NM 87048-8736

4,572 SF 0.37 ac lot Built 1950
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US61-1365094
Property summary
AI-generated overview

This exceptional multi-tenant retail and office building offers a rare opportunity in a high-income area of metro Albuquerque. Located on Corrales Road, the property boasts excellent frontage visibility and full street access, ensuring high traffic and visibility for your business. The building, fully remodeled in 2019, features a stunning adobe design with beautiful, high-end modern finishes throughout. Currently, there are two available spaces totaling 1,800 square feet, with additional space potentially available up to a total of 2,772 square feet. The property includes a dedicated parking lot for convenient customer and employee access. Adding to its appeal is a lovely enclosed courtyard at the building's entry, creating a welcoming and attractive atmosphere. The building is zoned C, making it suitable for a variety of commercial uses. This Sandoval County location offers a unique blend of charm and accessibility, making it an ideal space for businesses seeking a high-profile presence in a thriving community. The property also features a balcony or patio area, adding to the overall appeal and functionality of the available spaces.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Total area 4,572 SF
Lot 0.37 ac (16,117 SF)
APN 1-016-067-235-321
UPID US61-1365094
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Southwest Organic Producers- SWOP (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kim Jew Photography LLC · 19 yrs held
Kim Jew Photography LLC
since 2007
1 recorded transaction
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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