Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    Alfredo Barrenechea, Albuquerque, NM

    License ID: 19300
    Absolute Investment Realty
    Years of Experience
    8

    Service Locations

    Contact details

    Phone:
    (505) 401-0135

    Performance

    Listings
    16
    Total transactions
    7
    Total transactions amount
    $2M
    Price range
    $191k - 429k
    Average price
    $286k

    Listings

    For Sale (9)

    View map
    • $975,000

      Albuquerque Development Land

      Prime Commercial/Residential Site, $975,000
      611 Coors Blvd, Albuquerque, NM 87121
      View Details
    • $2,072,000
      7,400 SF

      Retail Property with Medical Anchor

      Recently renovated retail property with a strong, medical-anchored tenant.
      1606 7Th St, Las Vegas, NM 87701
      View Details
    • $975,000

      High Traffic Commercial Land Available

      Commercial land for sale in high traffic location.
      611 Coors Blvd NW, Albuquerque, NM 87121
      View Details
    • $627,000

      High Traffic West-Side Land

      Land with high traffic, easy access, and commercial potential.
      Fortuna Rd, Albuquerque, NM 87105
      View Details
    • $1,420,000

      Land with Highway Frontage

      Land available for sale, ground lease, or build to suite.
      3611 N Main St, Roswell, NM 88201
      View Details
    • $622,500

      Land on Historic Route 66

      Land with easy I-40 access on Historic Route 66.
      11000-11352 Central Ave SW, Albuquerque, NM 87102
      View Details
    • $359,000

      West Side Parcel For Sale

      West side parcel ideal for trucking or construction business.
      117 Aliyah Ln NW, Albuquerque, NM 87107
      View Details
    • $1,028,480
      4,821 SF

      Medical Office Building For Sale

      Free-standing medical office building with established tenant and recent renovations.
      3908 Carlisle Blvd NE, Albuquerque, NM 87106
      View Details
    • $1,400,000
      2,464 SF

      Free-Standing Drive-Through Restaurant

      New 10-year lease with annual rent escalations.
      3550 Isleta Blvd SW, Albuquerque, NM 87105
      View Details

    For Lease (7)

    View map
    • $1,717 /Mo
      2,126 SF

      Office Suites Near Santa Ana Star

      Two office suites available near Santa Ana Star Casino.
      51 Jemez Cyn Dm Rd, Bernalillo, NM
      View Details
    • $3,750 /Mo
      5,765 SF

      Secure Warehouse with Fenced Yard

      Warehouse with secure access, flexible zoning, and fenced yard.
      6916 Cochiti Rd SE, Albuquerque, NM 87108
      View Details
    • $19 SF/Yr
      4,100 SF

      Route 66 Trophy Property

      Prime Nob Hill location ideal for restaurant or retail.
      3413 Central Ave NE, Albuquerque, NM 87102
      View Details
    • $1,650 /Mo
      1,200 SF

      Highway Frontage Retail Space

      1,200 SF retail space with expansive outdoor area.
      960 Us-550, Bernalillo, NM
      View Details
    • Contact for pricing
      4,350 SF

      Industrial Space Near Amazon Warehouse

      Industrial spaces available near I-40 and Amazon warehouse.
      9551 Central Ave NW, Albuquerque, NM 87121
      View Details
    • Contact for pricing
      4,350 SF

      Industrial Space Near Interstate I-40

      Industrial spaces available near I-40 and Amazon warehouse.
      9531 Central Ave NW, Albuquerque, NM 87121
      View Details
    • Contact for pricing
      1,673 SF

      Warehouse, Office, Storage Space

      Warehouse, office, and storage space with gated lot.
      3312 Stanford Dr NE, Albuquerque, NM 87107
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Alfredo Barrenechea, Albuquerque, NM
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    Send Message to
    Alfredo Barrenechea, Albuquerque, NM
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    (505) 401-0135
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.