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    4770 Montgomery NE Blvd Albuquerque, NM 87109-1253
    Property profile & analytics

    4770 Montgomery NE Blvd Albuquerque, NM 87109-1253


    • Strip malls
    • 65,478 SF
    • 5.77 lot acres
    Off-Market
    Last Sale Feb 9, 2024
    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.

    Value Estimations
    $1,355,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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) / Sign Shop / Trophy Shop

    Property Details for 4770 Montgomery NE Blvd

    Year built
    1986
    Lot size
    5.77 lot acres
    Property size
    65,478 SF
    Property type
    Strip malls
    Property subtype
    Shopping 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 estimation — 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
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