Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

4770 Montgomery Blvd Albuquerque, NM 87109

  • Strip malls
  • 65,478 SF
  • 5.77 lot acres
For Lease
Last Sale
Feb 09, 2024
Value Estimations
$1,355,000
Cap Rate Potential
Location Intelligence
Property ID
US61-0262112
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Aamco / Auto Repair Shop
  • Farmers Insurance - Andre Moore / Insurance Agency
  • Avis Car Rental / Car Rental Facility
  • Budget Car Rental / Car Rental Facility
  • The Recognition Place (TRP) / Engraver / Gift Shop

Property Details for 4770 Montgomery Blvd

Year built
1986
Lot size
5.77 lot acres
Property size
65,478 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
1-017-060-450-486-1-16-01
APU
101706045048611601

Description

Fiesta Crossings Retail Center, located at 4770 Montgomery Blvd NE in Albuquerque, New Mexico, presents a compelling investment opportunity. This multi-tenant retail center boasts a total building area of 65,574 square feet, currently featuring a small vacancy of 2,240 square feet, offering potential for immediate income generation or expansion. The property is zoned MX-M, providing flexibility for a variety of commercial uses. Its prime location in Bernalillo County, with a zip code of 87109, ensures high visibility and accessibility for businesses and customers alike. The center's address is easily identifiable and situated within a well-established commercial area of Albuquerque. The property's Asset Property Number (APN) is 101706045048611601. This retail center is ideal for investors seeking a stable, income-producing asset in a thriving New Mexico market. The existing tenant mix offers a diverse range of businesses, creating a vibrant and attractive shopping destination. The relatively small vacant space presents a unique opportunity for expansion or lease to a new tenant, further increasing the property's value and rental income. The MX-M zoning allows for a wide array of potential uses, making this property a versatile and attractive investment. The property's location in Albuquerque, New Mexico, offers a strong potential for growth and return on investment. This is a rare opportunity to acquire a well-established retail center in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $960,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,750,000
    Market price range: $1.39M - $2.34M
  • Alternative Use

    Use
    Estimation
    NEIGHBORHOOD: SHOPPING CENTER
    $1,775,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.589
Latitude
35.1298
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$80,064
$643,762
$1,025,079
$1,668,841
-
$1,931,480
$3,075,544
$5,007,024
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message