5201 Ponderosa AveAlbuquerque, NM 87110

For Sale
$719,000 View listing
  • Specialty properties
  • 4,978 SF

Property Details for 5201 Ponderosa Ave

Year built
1972
Lot size
0.54 AC
Property size (Sq ft)
4,978 SF
Property type
Specialty properties
APN
1-018-060-027-337-2-16-04
APU
101806002733721604

Description

This exceptional Albuquerque property, located at 5201 Ponderosa Ave NE, offers a unique investment opportunity as an owner-user or leasehold. The property consists of two buildings totaling 6,270 square feet on a 0.541-acre lot, zoned MX-L. The main building, encompassing 4,730 square feet, currently houses a veterinary clinic and two attached office suites, each independently leasable. This provides flexibility for a variety of uses, including expansion of existing veterinary services or independent office rentals. A separate, detached 1,540 square foot, two-story office building offers additional space, ideal for administrative functions or further expansion. The property includes ample parking with 25 spaces. Priced at $719,000 ($125.92/sq ft), this property presents a compelling opportunity for a business seeking a central Albuquerque location with versatile space. The property is available for sale or lease under a modified lease agreement. This is a single-story building with a second story on the detached building. The property is situated in Bernalillo County, New Mexico, zip code 87110.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $816,069
    Hospitality
    $747,515
    Educational
    $621,924
    Medical
    $643,312
    Retail
    $967,437
5201 Ponderosa Ave, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1258
Longitude
-106.586
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
$6,391
$63,613
$69,608
$133,221
-
$190,859
$208,844
$399,703

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