7620 Jefferson StAlbuquerque, NM 87109

  • Office buildings
  • 4,566 SF
For Lease

Property Details for 7620 Jefferson St

Year built
2002
Lot size
0.43 AC
Property size (Sq ft)
4,566 SF
Property type
Office buildings
APN
1-017-063-401-235-4-05-17
APU
101706340123540517

Description

This exceptional opportunity presents four executive office suites for lease within the Journal Center Marketplace in Albuquerque, New Mexico. Located at 7620 Jefferson St NE, 87109, this property offers convenient access to key transportation routes and amenities. The suites are ideal for small businesses or entrepreneurs seeking a professional and efficient workspace. Each suite boasts a modern design and ranges in size from 108 square feet to 132 square feet, providing flexibility to accommodate various business needs. The building sits on a 0.43-acre lot in Bernalillo County. The property is classified as an office building with multiple tenancies, making it an excellent choice for those seeking a collaborative yet independent work environment. The address is easily accessible and provides ample parking. This is a rare opportunity to secure high-quality office space in a desirable Albuquerque location. The building is well-maintained and offers a professional atmosphere. The suites are ready for immediate occupancy, allowing businesses to quickly establish their presence in the vibrant Albuquerque market. Contact us today to schedule a viewing and secure your ideal workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $653,955
    6.5%
    $603,651
    7%
    $560,533
  • Comparable approach

    Method
    Valuation
    Relative Method
    $388,838
    Geo Method
    $377,243
  • Alternative Use

    Use
    Valuation
    Residential
    $748,527
    Hospitality
    $685,647
    Educational
    $570,450
    Medical
    $590,069
    Retail
    $887,367
7620 Jefferson St, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1663
Longitude
-106.591
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
$7,358
$57,781
$95,580
$153,361
-
$173,360
$286,770
$460,130

FAQs

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