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1820 Central Ave SE 20,000 SF 100% Leased Retail Building Albuquerque, NM 87106 $6,801,600 CAD ($340.08 CAD/SF) 7% Cap Rate
Executive Summary
LOCATION LOCATION LOCATION .almost inside UNM (University Of New Mexico)
plans approved for 4 story 32 student dorms 20,000 sqft of new building .ready to build .
price for the land and the full approved plans $899k Turn Key $5M
plans approved for 4 story 32 student dorms 20,000 sqft of new building .ready to build .
price for the land and the full approved plans $899k Turn Key $5M
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,000 SF
Building Class
C
Year Built
2026
Price
$6,801,600 CAD
Price Per SF
$340.08 CAD
Cap Rate
7%
NOI
$476,112 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
4.59
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
MX-M - Mixed use
Frontage
Amenities
- Car Charging Station
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (90)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-015-057-412291-1-05-10 | Improvements Assessment | $129,869 CAD |
| Land Assessment | $10,864 CAD | Total Assessment | $140,732 CAD |
Property Taxes
Parcel Number
1-015-057-412291-1-05-10
Land Assessment
$10,864 CAD
Improvements Assessment
$129,869 CAD
Total Assessment
$140,732 CAD
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Presented by
Reliance Realty
1820 Central Ave SE
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