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Property profile & analytics
OFF-MARKET
Turn key restaurants

5209 4th NW St Albuquerque, NM 87107-5102

3,931 SF 0.95 ac lot Built 1949
Entity Owned 8-yr Hold Free & Clear
Property ID
US61-0288005
Property summary
AI-generated overview

This vacant, 4,719-square-foot restaurant building in Albuquerque's North Valley presents a unique redevelopment opportunity. Located on a nearly one-acre lot (0.95 acres) at 5209 4th St NW, 87107, this three-story property is zoned C-2 and offers ample parking with 30 spaces. The asking price is $920,000 ($243.70/sq ft). The building boasts original hardwood floors, decorative tile work, arched cabinet doors, and a brass ceiling fixture, showcasing its historic character. Architectural details include uniquely patterned red brick, a complex roofline with gables and dormers, rounded roof edges, boxed soffits, and casement windows, some with semicircular fanlights. A wrap-around porch with wrought-iron balustrades adds to its charm. The property is listed on the State and National Registry, but modifications are permitted. The basement provides additional storage space, not included in the 4,719 square feet. This property is ideally situated minutes from both downtown and uptown Albuquerque, offering excellent visibility and accessibility. A lease with an option to purchase after two years is available. Bring your vision and transform this building into a thriving restaurant or explore other redevelopment possibilities. This is a truly exceptional opportunity in a high-demand area.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1949
Total area 3,931 SF
Lot 0.95 ac (41,513 SF)
APN 1-014-061-435-175-4-15-18
UPID US61-0288005
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
  • Mr Powdrell's Barbeque House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Drells INC · 8 yrs held
Drells INC
since 2017
4 recorded transactions
2017
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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