610 Gold AveAlbuquerque, NM 87102

Property Details for 610 Gold Ave

Year built

1950

Lot size

0.24 AC

Property size (Sq ft)

16,842 SF

Property type

Office buildings

APN

1-014-057-076-396-2-22-08

APU

101405707639622208

Description

This exceptional 16,000 square foot, two-story Class B office building, constructed in 1953, presents a unique opportunity in Albuquerque's vibrant downtown. Located at 610 Gold Ave SW, 87102, this historic property boasts a prime location within the Downtown submarket and is zoned MX-FB-UD (Mixed-use: Form-based Urban Development Sub-zone). The building offers a variety of office space options suitable for coworking, medical offices, traditional offices, executive suites, and creative businesses. With multiple tenancies available, this versatile property caters to diverse needs. Ample parking is provided with 37 spaces, and convenient elevator access is available. Currently, one space of 703 square feet is immediately available. The building's rich history and central location combine to create an attractive and functional workspace. This is an excellent opportunity to establish a presence in a thriving downtown Albuquerque area, benefiting from the energy and accessibility of the city center. Inquire today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $2,433,880

  6.5%

  $2,246,658

  7%

  $2,086,183

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,451,222

  Geo Method

  $1,391,486

• Alternative Use

  Use

  Valuation

  Residential

  $2,785,856

  Hospitality

  $2,551,829

  Educational

  $2,123,092

  Medical

  $2,196,108

  Retail

  $3,302,588

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0836

Longitude

-106.655

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].