Property summary
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
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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