5411 Jefferson StAlbuquerque, NM 87109

  • Office buildings
  • 70,665 SF
For Sale
$7,963,971 View listing

Property Details for 5411 Jefferson St

Year built
2004
Lot size
4.60 AC
Property size (Sq ft)
70,665 SF
Property type
Office buildings
APN
1-017-061-178-425-2-02-10
APU
101706117842520210

Description

Jefferson Commons II, located at 5411 Jefferson St NE in Albuquerque, New Mexico, offers exceptional executive office space. This single-story building totals 56,000 square feet and currently has 33,987 square feet available for lease. The property is situated in the high-profile Jefferson Corridor, providing excellent visibility and accessibility. The building consists of three total suites, with a minimum divisible space of 4,744 square feet and a maximum contiguous space of 33,987 square feet, currently vacant and ready for immediate occupancy. The property is classified as an Executive Office and Professional Office space, ideal for businesses seeking a prestigious location. The building's address is 5411 Jefferson St NE, Albuquerque, NM 87109, within Bernalillo County. This presents a unique opportunity for businesses seeking large, contiguous office space in a prime Albuquerque location. The available space is perfect for a single tenant seeking a significant footprint or for multiple tenants seeking smaller, yet substantial, office suites. Inquire today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,470,300
    6.5%
    $10,588,000
    7%
    $9,831,670
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,017,790
    Geo Method
    $5,838,340
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $19,971,600
    Retail / Commercial
    $10,412,400
    Mixed-Use / Specialty
    $10,510,000
    Hospitality / Lodging
    $7,886,340
    Institutional / Educational
    $10,974,300
    Residential Income
    $12,840,000
    Multifamily
    $14,652,400
    Automotive / Energy
    $9,406,580
    Parking / Income-Based Land
    $3,112,940
    Restaurant / Food Service
    $5,753,980
    Healthcare / Senior Housing
    $10,639,600

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1427
Longitude
-106.598
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
$107,649
$752,875
$1,490,930
$2,243,805
-
$2,258,850
$4,473,238
$6,732,088

FAQs

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