4425 Juan Tabo BlvdAlbuquerque, NM 87110

  • Office buildings
  • 18,860 SF
For Lease

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
4425 Juan Tabo Blvd, Albuquerque, New Mexico

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

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
$17,867
$98,550
$273,873
$372,423
-
$295,680
$821,700
$1,117,380

FAQs

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