4425 Juan Tabo BlvdAlbuquerque, NM 87110
- Office buildings
- 18,860 SF
Property Details for 4425 Juan Tabo Blvd
- Year built
- 1983
- Lot size
- 1.04 AC
- Property size (Sq ft)
- 18,860 SF
- Property type
- Office buildings
- APN
- 1-021-061-509-040-4-01-09
- APU
- 102106150904040109
Description
This exceptional Albuquerque office space, located at 4425 Juan Tabo Blvd NE, #4320, offers a unique blend of large-building amenities with the convenience of a smaller, stand-alone feel. Situated in Bernalillo County's Far NE Heights submarket, this multi-tenant building boasts 16,000 total square feet, with 3,350 square feet currently vacant. Individual suites range from a minimum of 180 square feet to a maximum contiguous space of 1,450 square feet, providing flexibility for various business needs. The property features attractive exterior patio areas on both the first and second floors, offering stunning Sandia Mountain views. Inside, tenants enjoy access to comfortable common area lounges, shared restrooms, and ample parking, including covered spaces. This location is strategically positioned within Albuquerque's highest-income demographic area, yet offers rental rates significantly below market value. The address is 87110. This is an excellent opportunity for businesses seeking a prestigious and cost-effective office solution in a desirable Albuquerque neighborhood.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,701,188
- 6.5%
- $2,493,404
- 7%
- $2,315,304
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,606,112
- Geo Method
- $1,558,213
-
Alternative Use
- Use
- Valuation
- Residential
- $3,091,821
- Hospitality
- $2,832,091
- Educational
- $2,356,267
- Medical
- $2,437,302
- Retail
- $3,665,304
Location Insight
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Latitude
- 35.1318
- Longitude
- -106.516
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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