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    6940 Montgomery NE Blvd Albuquerque, NM 87109-1421
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    Property profile & analytics

    6940 Montgomery NE Blvd, Albuquerque, NM 87109-1421

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    • Grocery and convenience stores
    • 2,520 SF
    • 0.70 lot acres
    Off-Market
    Last Sale Aug 14, 2023
    Property ID
    US61-0175425
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chevron / Gas Station
    • Food Mart / Grocery & Convenience Store

    Property Details for 6940 Montgomery NE Blvd

    Year built
    1996
    Lot size
    0.70 lot acres
    Property type
    Grocery and convenience stores
    APN
    1-018-060-509-506-1-09-12
    APU
    101806050950610912

    Description

    This exceptional 2,520-square-foot retail property presents a unique redevelopment opportunity in Albuquerque, New Mexico. Situated on a 0.7-acre hard corner lot at the signalized intersection of Montgomery Boulevard (50,492 vehicles per day) and Louisiana Boulevard (19,173 vehicles per day), this single-tenant space offers unparalleled visibility and accessibility. The property is zoned MX-M and benefits from its adjacency to a high-performing Smith's grocery store, ensuring a strong anchor tenant and high foot traffic. The site's strategic location allows for the possibility of a drive-thru, further enhancing its appeal to potential tenants. This Albuquerque location is surrounded by a thriving retail environment, boasting numerous national and regional retailers. The surrounding area also features a dense residential population, with 137,683 households within a 5-mile radius and a population of 300,755, boasting an average household income of $95,548. This makes it an ideal location for a variety of retail businesses seeking high visibility and a strong customer base. The property is currently vacant, providing a blank canvas for a build-to-suit or ground lease opportunity. This is a rare chance to acquire a prime retail space in a high-growth area of Albuquerque. The property's address is 6940 Montgomery Blvd NE, Albuquerque, NM 87109, in Bernalillo County.


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    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.569
    Latitude
    35.1303
    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
    $9,660
    $99,798
    $101,542
    $201,340
    -
    $299,423
    $304,655
    $604,078
    More about this property
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