316 Osuna RdAlbuquerque, NM 87107

Property Details for 316 Osuna Rd

Lot size

1.82 AC

Property type

Office properties

APN

1-015-062-396-226-4-19-01

APU

101506239622641901

Description

This exceptional 1,400 square foot office suite, located at 316 Osuna Rd NE in Albuquerque, New Mexico's South Valley submarket, presents a versatile workspace ideal for a variety of businesses. The single-tenant space is situated in a one-story building and offers a traditional office layout adaptable to coworking or creative office needs. The property boasts a convenient 5:1,000 parking ratio, ensuring ample parking for employees and clients. While there are no elevators, the single-story design provides easy accessibility. The suite is currently vacant and ready for immediate occupancy. Its location in the South Valley offers convenient access to major transportation routes and local amenities. The zip code is 87107. This property represents a unique opportunity to establish a thriving business in a desirable Albuquerque location. The address is 316 Osuna Rd NE, Albuquerque, NM. The property is classified as a traditional office, coworking space, and creative office. This flexible space is perfect for businesses seeking a functional and well-located office environment. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $11,354,549

  6.5%

  $10,481,122

  7%

  $9,732,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,751,348

  Geo Method

  $6,550,031

• Alternative Use

  Use

  Valuation

  Residential

  $12,996,591

  Hospitality

  $11,904,808

  Educational

  $9,904,660

  Medical

  $10,245,297

  Retail

  $15,407,249

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.1513

Longitude

-106.626

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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