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Property profile & analytics

8516 Central Ave Albuquerque, NM 87108

  • Drive through restaurants
  • 1,858 SF
  • 0.62 lot acres
Value Estimation
Location Intelligence
Property ID
US61-0294790
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.

Current Use by Public Records

  • Drive through restaurants

Property Details for 8516 Central Ave

Year built
1961
Lot size
0.62 lot acres
Property size
1,858 SF
Property type
Drive through restaurants
APN
1-019-057-498-033-4-06-06
APU
101905749803340606

Description

This exceptional commercial land opportunity presents 25,000 square feet of vacant land ideally situated at 8516 Central Ave SE in Albuquerque, New Mexico, zip code 87108. The property is zoned MX-M, offering versatility for a wide range of commercial uses. Its location on a soft corner near Wyoming ensures high visibility and accessibility, maximizing exposure for any business. Ample parking is available, a significant advantage for customers and employees. The property's size allows for substantial development potential, catering to businesses requiring significant space. Albuquerque's robust economy and growing population create a thriving market, promising a steady stream of potential customers. This location offers an excellent opportunity for establishing a retail store, office space, restaurant, or other commercial venture. The asking price is $500,000. Broker co-op is available. Don't miss this chance to capitalize on this prime Albuquerque location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.552
Latitude
35.0736
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
$4,796
$57,774
$42,189
$99,963
-
$173,340
$126,581
$299,921
More about this property
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