1520 Lomas Boulevard NW Albuquerque, NM ^$ 760,000

1520 Lomas Boulevard NW

^$ 760,000

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1520 Lomas Boulevard NW

Albuquerque, NM, 87104

^$ 760,000

Bedrooms-- Baths-- Sq 2,890

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 1

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1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 6

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 7

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 8

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 9

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 10

1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 11

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1520 Lomas Boulevard NW, Albuquerque, NM 87104 - Image 14

Property for Rent in Albuquerque, NM

for $760,000. This 2,890 square foot property was built on a lot size of 0.25.

Welcome to this versatile commercial property, located in the heart of downtown and boasting excellent visibility and high traffic volume. This former restaurant space has been recently renovated and repurposed as a cannabis dispensary.Featuring restaurant hoods still in place and a spacious walk-in cooler, this property can easily be converted back into a restaurant This property has a tenant and is being sold as an investment with an 8% return.

Rental Active

Price

^$ 760,000

Taxes

^$ 4,074

Style

Lot Size

0.25

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1033112

Features

General

Heating Natural Gas

Cooling Evaporative Cooling

Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected

Security Features Security System

Construction Materials Block Frame Stucco

Electric 220 Volts

Property Subtype Other

Gross Income 0

Accessibility Wheelchair Access

County Bernalillo

Operating Expense 0

Property Type Commercial Sale

Status Active

Directions From I-25 and Lomas go west on Lomas. When you pass 15th St the property will be on the South side of Lomas.

City Albuquerque

Disclosures RANM 2100 Disclosure

Zoning Description MX-L*

MLS Area 80 - Downtown Area

Lot Size Square Feet 10890

Listing Terms Cash Conventional Lease Lease Option

Land Lease Y/N false

Tax Annual Amount 4074.6

Leasable Area 0

Lease Considered Y/N false

Lease Type None

Standard Status Active

Property Sub Type Additional Other

Interior

Total Stories 1

Air Conditioning Y/N true

Heating Y/N true

Exterior

Parking Features Guest Off Site On Site

Total Parking 20

Building Area Total 2890

Lot Size Acres 0.25

Road Surface Type Paved

Lot Size Source Public Records

* Excluded Features

List By

Kyle B Hensley

Listing Agent

Exp Realty Llc

Broker

kyle.hensley@exprealty.com

Nearby

Trends
Schools

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/12/2025	$760,000		Listed Price

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1520 Lomas Boulevard NW, Albuquerque, NM, 87104 is a Property for Rent at $760,000 with 2,890 sqft and a lot size of 0.25. The property's zip code is 87104 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/21/2025.

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1520 Lomas Boulevard NW

Property for Rent in Albuquerque, NM

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