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Nob Hill Church/Retail Development 4800 Lomas Blvd NE 18,977 SF Retail Building Albuquerque, NM 87108 For Sale
INVESTMENT HIGHLIGHTS
- Existing freestanding church building servicing Nob Hill
- Opportunity for turn-key church or an adaptive retail reuse
- Current layout includes large sanctuary, two stages for youth groups, full kitchen and numerous classrooms and offices
- Creative ownership with options to purchase or lease
- Strong traffic counts with area anchor tenants Sprouts, Ace Hardware & True Value
- Great street presence with over 20,000 cars per day and monument sign at lighted intersection
EXECUTIVE SUMMARY
Big things are happening in the supermarket surrounding 4800 Lomas. The intersection of San Mateo and Lomas is anchored by Sprouts, True Value, and Ace Hardware, which brings steady traffic to the area. Construction is completed on the new Whole Foods and American Home at Carlisle and Indian School, and with it, new projects underway where each vacated in the same submarket. Most notable for this area is the redevelopment of the former Bank of the West towers at San Mateo and Central into mixed-used apartments, slated in 2025/26. This area north of Nob Hill continues to be a huge draw area for the University of New Mexico and many of the surrounding neighborhoods as part of this walkable/urban core of the city.
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
4800 Lomas as it exists today is a freestanding church building located in Nob Hill at the signalized intersection of Lomas Blvd and Monroe St. The building can very easily be used again by a new church, featuring a large sanctuary, multiple youth and children rooms and overall a great layout for a church; but also has the opportunity for a new use altogether. This building was originally constructed as a Furr's grocery store, servicing the surrounding neighborhoods and has the ability to be reimagined once again. With MX-M zoning, this opens up the redevelopment opportunities like mixed-use, multi-family, large format retail, drive-thru, car was, banks, and more.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 18,977 SF | Retail | - | Now |
1st Floor
| Size |
| 18,977 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 18,977 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
4800 Lomas as it exists today is a freestanding church building located in Nob Hill at the signalized intersection of Lomas Blvd and Monroe St. The building can very easily be used again by a new church, featuring a large sanctuary, multiple youth and children rooms and overall a great layout for a church; but also has the opportunity for a new use altogether. This building was originally constructed as a Furr's grocery store, servicing the surrounding neighborhoods and has the ability to be reimagined once again. With MX-M zoning, this opens up the redevelopment opportunities like mixed-use, multi-family, large format retail, drive-thru, car was, banks, and more.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-017-057-386510-1-25-12 | Improvements Assessment | $368,264 |
| Land Assessment | $119,343 | Total Assessment | $487,607 |
PROPERTY TAXES
Presented by
Nob Hill Church/Retail Development | 4800 Lomas Blvd NE
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