300 Central AveAlbuquerque, NM 87102

Property Details for 300 Central Ave

Year built

1928

Lot size

0.05 AC

Property size (Sq ft)

2,050 SF

Property type

Retail space

APN

1-014-057-381-385-1-15-10

APU

101405738138511510

Description

This exceptional office property at 300 Central Ave. SW offers a variety of spaces to suit your business needs. The building comprises two buildings and features both traditional and executive office suites, with a total of 1,536 square feet currently vacant. Five individual suites are immediately available, ranging in size from 210 to 1,350 square feet. Traditional office suites boast beautiful hardwood floors, windowed offices, open work areas, and access to shared reception and conference rooms. Select suites include three dedicated parking spaces. Executive office suites are available in both windowed and interior configurations, fully furnished as shown. All suites benefit from keypad-secured entry for enhanced security. The building's prime downtown location offers unparalleled convenience, situated within walking distance of the courthouses, making it ideal for legal professionals and other businesses requiring easy courthouse access. The property is classified as Class B and is perfect for professional office users seeking a well-maintained and conveniently located workspace. Contact us today to schedule a viewing and secure your ideal office space.

• CAP approach

  CAP return

  Valuation

  6%

  $435,488

  6.5%

  $401,989

  7%

  $373,276

• Comparable approach

  Method

  Valuation

  Relative Method

  $445,138

  Geo Method

  $426,815

• Alternative Use

  Use

  Valuation

  Residential

  $339,093

  Hospitality

  $310,607

  Educational

  $258,422

  Medical

  $267,309

  Retail

  $401,989

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0834

Longitude

-106.644

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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