4101 Indian School RdAlbuquerque, NM 87110

  • Office buildings
  • 177,758 SF
For Lease
$21.50/SF/YR View listing

Property Details for 4101 Indian School Rd

Year built
2000
Lot size
4.74 AC
Property size (Sq ft)
177,758 SF
Property type
Office buildings
APN
1-017-059-150-036-3-01-08
APU
101705915003630108

Description

The Altura Professional Building offers a prestigious 4,719 square foot office space in a Class A building. This multi-tenant property, located in Bernalillo County, boasts stunning panoramic views. The building provides convenient underground parking, enhancing security and tenant convenience. On-site security and secure storage are also available, ensuring peace of mind. A shared building conference room is perfect for meetings and presentations. This exceptional location offers easy access to the entire city, with a wide variety of restaurants within a five-minute drive. The building's prime location is further enhanced by its adjacency to a new Whole Foods shopping center, featuring Whole Foods Market, Sierra Trading Post, and Planet Fitness, providing employees and visitors with numerous amenities. Currently, one suite is available for lease, presenting a unique opportunity for businesses seeking a high-quality, well-located office space. The building's modern design and convenient features make it an ideal choice for companies seeking a professional and productive work environment. This is a rare opportunity to secure office space in a highly desirable location with exceptional amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $25,688,242
    6.5%
    $23,712,224
    7%
    $22,018,494
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,316,836
    Geo Method
    $14,686,366
  • Alternative Use

    Use
    Valuation
    Residential
    $29,403,158
    Hospitality
    $26,933,134
    Educational
    $22,408,052
    Medical
    $23,178,698
    Retail
    $34,856,968
4101 Indian School Rd, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1031
Longitude
-106.599
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$208,036
$474,713
$3,861,530
$4,336,243
-
$1,424,280
$11,585,750
$13,010,030

FAQs

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