Coors & Rio Bravo, Albuquerque, NM 87108

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Coors & Rio Bravo, Albuquerque, NM 87108

Albuquerque, NM 87108
Asking Price
$690K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel located at Coors and Rio Bravo
  • Asset is situated near an established Walmart power center
  • Offered for sale at an asking price of 690000 dollars
  • Site supports various retail and commercial development use cases
  • Positioned within a high-traffic retail node in Albuquerque

What's Special

Situated at the intersection of Coors and Rio Bravo in Albuquerque, this commercial land parcel occupies a position near a significant retail power center anchored by Walmart. The Albuquerque market serves as a primary economic hub for the region, benefiting from consistent residential growth and strategic connectivity along major thoroughfares. This positioning provides high visibility and access for commuters navigating the southwestern corridor of the city. Spanning the identified site, the land is well-suited for diverse commercial development projects. Prospective buyers may consider the property for retail storefronts, service-oriented businesses, or other commercial ventures seeking to leverage the existing consumer traffic generated by the surrounding power center. Its placement within this established retail node allows for synergy with nearby national tenants and provides a foundation for businesses looking to expand or establish a footprint in this growing suburban market of the Albuquerque metro area.

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NOI
$80,000
Cap Rate
11.59%
DSCR
1.95
Strong
Cash-on-Cash
18.86%
Monthly Payment
$3,413.744
Annual Cash Flow
$39,035.078

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