Employment in this area is on a uphill trajectory due to the recent expansion of Netflix, Intel, Amazon and Northrop Grumman which recently moved into its new office building a few blocks away.Measures of investment performance at ask price of $963,138 and current average rent of $917 are a GRM of 8.75, a 5.98% cap rate, $96,314 per unit, $128.42/sf. Rents have increased 13.7% in the last year.If rents are raised to the market of $1,075, the measures of investment performance improve to a cap rate of 7.37%.The prior owner remodeled the property with new soffits, new windows, synthetic stucco, new solid laminate flooring, updated lighting, updated electrical, as well as replacing some of the hot water heaters, and new central forced air furnaces.
Level land, pad site in the front or north portion of the lot. Excellent mountain views, shallow well depth area (about 600'), homes adjacent so power, gas, cable tv, phone there or close by. Paved street. Served by highly rated APS schools Double Eagle, Desert Ridge, La Cueva High. Just over 2 miles to Trader Joe's and other shopping, medical and dining.
3 blocks North of Lomas, .27 miles from Lomas Blvd. One mile West of I-25 and 0.77 miles from I-40Warehouse 39.5 x 70.4, skylights in warehouse. 1 loading door. Property is on 4th Street between Mountain and Granite containing 1.82 acres including a 7520 SF building on the NE Corner of 4th St and Mountain Rd. 7520 SF building for lease at $5,000/month, or 2780.8 SF warehouse for lease at 2,000/month, or building without the warehouse (4739 SF) for lease at $3000/month.
This suite is +/-442 SF on the second floor. The entire building (+/- 7659 SF) is available for lease in addition to this suite. Building is currently licensed for cannabis. Suites available for retail, consumption, production or grow. Cannabis production/grow may require electric sub-meter. Shared event space available. 21,300 VPD on Menaul Blvd. 30,800 VPD on Eubank Blvd. 52,100 VPD total.
This suite is +/-330 SF on the first floor. The entire building (+/- 7659 SF) is available for lease in addition to this suite. Building is currently licensed for cannabis. Suites available for retail, consumption, production or grow. Cannabis production/grow may require electric sub-meter. Shared event space available. 21,300 VPD on Menaul Blvd. 30,800 VPD on Eubank Blvd. 52,100 VPD total.
This suite is +/-1085 SF on the first floor. Semi-open floor plan. Previously a State Farm office gutted to accommodate cannabis production. Trenched for plumbing. The entire building (+/- 7659 SF) is available for lease in addition to this suite. Building is currently licensed for cannabis. Suites available for retail, consumption, production or grow. Cannabis production/grow may require electric sub-meter. Shared event space available. 21,300 VPD on Menaul Blvd. 30,800 VPD on Eubank Blvd. 52,100 VPD total.
The lounge and dispensary is +/-3,000 SF on the first floor. The entire building (+/- 7659 SF) is available for lease in addition to this suite. Building is currently licensed for cannabis. Suites available for retail, consumption, production or grow. Cannabis production/grow may require electric sub-meter. Shared event space available. 21,300 VPD on Menaul Blvd. 30,800 VPD on Eubank Blvd. 52,100 VPD total.
This suite is +/-600 SF on the first floor. 600 SF Suite. Entry/office plus 3 closed rooms. Electrical sub-meter needed for cannabis grow or production. The entire building (+/- 7659 SF) is available for lease in addition to this suite. Building is currently licensed for cannabis. Suites available for retail, consumption, production or grow. Cannabis production/grow may require electric sub-meter. Shared event space available. 21,300 VPD on Menaul Blvd. 30,800 VPD on Eubank Blvd. 52,100 VPD total. CAM $3.17
Welcome to US Highway 85, where opportunity meets potential on 3.38 acres of primeSouth Valley land. Whether you're envisioning your dream home or seeking a canvas for agriculturalpursuits, this property offers endless possibilities. Nestled in the heart of the South Valley, this expansive lotinvites you to craft your ideal lifestyle against the backdrop of New Mexico's natural beauty.
This suite is +/- 340 SF on the second floor. The entire building (+/- 7659 SF) is available for lease in addition to this suite. Building is currently licensed for cannabis. Suites available for retail, consumption, production or grow. Cannabis production/grow may require electric sub-meter. Shared event space available. 21,300 VPD on Menaul Blvd. 30,800 VPD on Eubank Blvd. 52,100 VPD total.
Beautiful .86-Acre Lot in North Albuquerque Acres with Amazing Mountain Views!Great Location: Close to excellent schools, shopping, restaurants, and outdoor activities--it's got the best of both worlds!
Welcome to Volcano Cliffs!! Get ahead of everyone and get this lot before assessments are placed. ONE block away from Volcano Vista High School and Beautiful Views of the Sandia Mountains. Buy now and Build your Dream Home in the future in the next UP and Coming desirable area of Volcano Cliffs!!
INVESTOR FIND W/SPECIAL REQUIREMENTS: Fully occupied and ready for silent investor. This ground-level commercial condominium is part of the City Market Lofts building constructed in 2004. Current tenants are Nuve Salon (since 2020), Edo Spaces (since 2009), and EDo Storage (since 2012). Tenants are responsible for their own electricity, janitorial, and all non-structural repairs to the space and its equipment, including glass damage. Owner pays condo dues (which include building insurance, water-sewer-trash-recycling, and common area maintenance) and property taxes.Proforma available upon request.
Incredible mountain and city views, like being ''on top of the world''!! One of the few remaining view lots in Glenwood Hills. Nice private street. Seller financing available. All utilities at the street. City water and city sewer. $8000-10,000 bid to build driveway. 10% discount if also purchase adjoining .46 acre lot
Breathtaking views! $8000-10,000 bid to install driveway, backs to open space, in fabulous area of incredible homes. All utilities at street. Adjoining .66 acre lot is also available. 10% discount if purchase both lots. Seller financing available.
potential owner occupant, courtyard style fourplex with two bedroom, one bathroom units each with washer/dryer hookups or washer/dryers.The prior owner remodeled the property with a new roof, new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers new evaporative coolers updated electrical, wrought iron security fence, new toilets as well as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment. Measures of investment performance at ask price of $433,651 and current average rent of $906 are a GRM of 9.97, a 6.71% cap rate, $108,413 per unit, $144.55/sf.If rents are raised to closer to market rates of $1,075 the cap rate improves to 8.10%
Lots available to make your own. Part of Los Duranes Sector Development Plan per County Zoning.
Announcing a special buy on Elena Ave NE! That's right, one of those few and far between opportunities to secure a build site on one of Albuquerque's most prestigious streets. When you visit, note how adjacent/area homes were designed, majestic homes with spectacular views! Something similar, customized to your style and needs that captures those views would be majestic here too. Utilities there or nearby, area requires well and septic. Oversized 1.24 +/- acre lot stretches from Elena to Florence, no south neighbor. Build site on Elena or north side of the lot. Served by some of APS Finest Schools - Double Eagle, Desert Ridge, La Cueva High, a benefit whether you use or not. Booming Paseo del Norte corridor offers shopping (2.5 miles to Trader Joe's), restaurants, medical etc.
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Daria Derebera
Real Estate Broker in Albuquerque, NM
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