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Property profile & analytics
OFF-MARKET
Hotels

701 Central NE Ave Albuquerque, NM 87102-3603

13,704 SF 1 ac lot Built 1964
Entity Owned Absentee Owner Free & Clear
Property ID
US61-0468298
Property summary
AI-generated overview

This exceptional 175 sq. ft. retail space is located within The Imperial, a newly redeveloped lifestyle center in Bernalillo County. Situated in a vibrant mixed-use development, this single-tenant property offers unparalleled visibility and accessibility. The Imperial boasts a diverse range of amenities including hotel rooms, executive suites, apartments, a gym, guest laundry, and a captivating pool, bar, and dining area featuring three food pods. This particular space is ideally positioned behind Mojo Rising Coffee, facing Central Avenue, ensuring high foot traffic and brand exposure. The property is part of a larger collection of micro retail spaces within The Imperial, some of which include built-in sinks. Currently, two similar spaces on High Street, without sinks, are being offered at a special introductory rate of $800 per month. This presents a unique opportunity for a small business seeking a high-traffic location within a thriving community. The property's location within The Imperial provides a synergistic environment, benefiting from the diverse clientele and amenities offered within the complex. This is an excellent opportunity to establish a presence in a dynamic and rapidly growing area. The space is ready for immediate occupancy, allowing for a quick start to your business operations. Don't miss this chance to secure a prime retail location in a thriving lifestyle center.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1964
Total area 13,704 SF
Lot 1 ac (43,560 SF)
APN 1-015-057-011-376-2-14-01
UPID US61-0468298
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
  • The Imperial - Newly Renovated Hotel & Motel
  • Ex Novo Brewing Company Production Facility Brewery & Distillery
  • Suffocakes Bakery Specialty Food Shop
  • La Cocina De Maria Restaurant
  • Ursa Minor | Suffocakes Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
AZTEC VILLAGE
AZTEC VILLAGE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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