Property profile

5231 San Mateo NE Blvd Albuquerque, NM 87109

OFF-MARKET
Bars & Pubs
Property ID
US61-0191875
7,704 SF Built 1977
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Albuquerque industrial property, located at 5231 San Mateo Blvd NE, offers 9,300 square feet of versatile space in a prime location. The building, constructed with a single story and 15-foot ceilings, features two suites, with one suite currently available for lease at 5,200 square feet. The property is zoned NR-LM (non-residential light manufacturing), making it suitable for a variety of uses including refrigerated/cold storage, manufacturing, flex space, warehouse, and distribution. The building underwent renovations in 2019. Ample parking is provided with 23 spaces available. The property boasts robust power capabilities, featuring 3-phase 600-amp service. Its strategic location in the North San Mateo corridor offers high traffic counts and proximity to major thoroughfares like I-25 and national retailers. The cross street is Lincoln. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located industrial space in Albuquerque, New Mexico, zip code 87109.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1977
Total area 7,704 SF
APN 1-017-061-515-393-1-02-37-B2
UPID US61-0191875

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
  • (Bike/Boat/Book/etc) Store
  • Nail Salon

Location

5231 San Mateo NE Blvd Albuquerque, NM 87109-2414
Albuquerque metro Census 3733 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$542k
Blend (final) Blend
$315k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $830,000 +53.2%
Commercial (general) $570,000 +5.7%

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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