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Property profile & analytics
OFF-MARKET Estimated value $1,100,000
Grocery and convenience stores

6200 Coors NW Blvd Albuquerque, NM 87120-2708

44,847 SF 3.66 ac lot Built 1984
Entity Owned 19-yr Hold Free & Clear
Property ID
US61-0228347
Property summary
AI-generated overview

Montano Plaza, a vibrant 102,192 square foot retail and restaurant center in Albuquerque, New Mexico, presents a compelling investment opportunity. Built in 1985 and renovated in 2007, this single-story property sits on a spacious 15.35 acres at 6200 Coors Blvd NW, 87120, boasting excellent visibility and frontage on Coors Blvd. The center features 518 parking spaces and multiple access points, including a signalized intersection. Its strategic location at one of seven major river crossings ensures high traffic volume, averaging 100,000 visits per month. The C-2 zoning allows for a variety of uses. Currently, there are five available spaces ranging from 2,100 to 4,217 square feet, including existing restaurant space. The property benefits from a high-income trade area and over 46,000 vehicles per day passing on Coors Blvd. This grocery-anchored shopping center offers exceptional visibility and accessibility, making it an ideal location for a variety of retail and restaurant businesses. The property is situated at the intersection of Montano and Coors.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1984
Total area 44,847 SF
Lot 3.66 ac (159,430 SF)
APN 1-012-062-295-262-4-02-04
UPID US61-0228347
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
  • What Goes Around...A Consignment Boutique Clothing & Fashion Store
  • E & A Plumbing Plumbing Service General Contractor
  • Albertsons Market Pharmacy Pharmacy
  • Farmers Insurance - William Tobin Insurance Agency
  • TNT Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$875k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.33M
Blend (final) Blend
$1.10M
Owner & transaction history
Taylor Family LLC 3 · 19 yrs held
Taylor Family LLC 3
since 2006
6 recorded transactions
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
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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