Active
Plaza West
5505-5511 Central Ave NW Albuquerque, NM 87105
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Overview
Discover a good investment opportunity in Albuquerque with these three buildings totaling 16,764 SF, strategically zoned MX-M for retail and strip center investors. Built in 1960, this property offers a promising location with strong potential for a thriving commercial real estate market.
- Zoned MX-M for retail/strip center development
- Ample space for retail storefronts
- Good location for establishing a retail presence in Albuquerque
- Versatile layouts catering to a range of retail uses
- Conveniently located near many amenities
Attachments
For Sale
Retail
- Sale Price
- $1,500,000
- Price Per SF
- $89.5/SF
- Investment
- Yes
- Cap Rate
- 5.16%
- Gross Income
- $107,201
- Net Operating Income
- $77,408
- Total Expenses
- $29,793
- Building Size
- 16,764 SF
- Acres
- 0.9642 ac
- Zoning
- MX-M
- Zoning Description
- Moderate Intensity
- Building Name
- Plaza West
- Building Class
- C
- Submarket
- West Mesa
- Nearest MSA
- Albuquerque
- Tax ID Number
- 1-011-057-285-563-1-09-02
- Property Use Type
- Investment
- Property Status
- Existing
- Vehicles Per Day
- 18,837 VPD
- Distance To Interstate
- 2.4 mi
- Distance To Highway
- 2.4 mi
- Distance To Airport
- 11.7 mi
- County
- Bernalillo
- Created
- 2024-06-18
- Updated
- 2024-09-09
- Listing ID
- 922cdb88
- Parcel APN
- 101105728556310902