Property profile

4770 Montgomery NE Blvd Albuquerque, NM 87109

OFF-MARKET
Strip malls
Property ID
US61-0262112
65,478 SF 5.77 ac lot Built 1986
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 65,478 SF
Lot 5.77 ac (251,385 SF)
APN 1-017-060-450-486-1-16-01
UPID US61-0262112

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Insurance Agency
  • Car Rental Facility
  • Car Rental Facility
  • Engraver Gift Shop

Location

4770 Montgomery NE Blvd Albuquerque, NM 87109-1253
Albuquerque metro Census 204 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$960k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$960k

Owner & transaction history

since 2024
6 recorded transactions
2025
Price N/A
2024
Price N/A
2020
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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