Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    David Chavez, Albuquerque, NM

    License ID: 18472QB
    Base 5 Retail Partners
    Association
    Greater Albuquerque Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (505) 507-3283
    Office Address:
    115 Gold Ave SW Ste 203G, Albuquerque, NM, 87102

    Performance

    Listings
    34

    Listings

    For Sale (3)

    View map
    • $550,000

      Commercial Land For Lease

      1.0 acre commercial land available for lease.
      1240 El Paseo Rd, Las Cruces, NM 88001
      View Details
    • Contact for pricing

      Land with Highway Access

      Land with excellent visibility and convenient highway access.
      2544 Rte 66 U.S, Santa Rosa, NM
      View Details
    • $2,700,000
      23,500 SF

      Freestanding Office Building For Sale

      Freestanding office building in a booming market, adjacent to mall.
      900 E Manana Blvd, Clovis, NM 88101
      View Details

    For Lease (31)

    View map
    • $14 SF/Yr
      4,000 SF

      Retail Space in Busy Center

      4,000 SF retail space in established neighborhood center.
      2740 Wyoming Blvd NE, Albuquerque, NM 87111
      View Details
    • Contact for pricing
      5,891 SF

      Retail Space Near Key Employers

      Retail property in prime location near major Albuquerque employers.
      5303-5311 Gibson Blvd SE, Albuquerque, NM 87102
      View Details
    • Contact for pricing
      1,350 SF

      Office/Warehouse Space For Lease

      In-line space with office/warehouse build-out, potential dock high door.
      5303 Gibson Blvd SE, Albuquerque, NM 87102
      View Details
    • Contact for pricing
      2,450 SF

      Retail Space in High-Traffic Center

      Retail space available in a busy, grocery-anchored shopping center.
      9450 Candelaria Rd NE, Albuquerque, NM 87112
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Power Center

      Retail spaces available in high-traffic Albuquerque power center.
      9231 Coors Blvd NW, Albuquerque, NM 87114
      View Details
    • $15 SF/Yr
      9,286 SF

      Grocery Store Space Available

      9,286 SF fully equipped grocery store for rent.
      3601 Old Airport Rd NW, Albuquerque, NM 87114
      View Details
    • Contact for pricing
      1,282 SF

      Retail Space in High-Traffic Area

      Retail space in a regional draw area with high visibility.
      3707 Ellison Rd NW, Albuquerque, NM 87114
      View Details
    • $25 SF/Yr
      7,936 SF

      Retail Space in Albuquerque, NM

      Retail space available in regional trade area.
      3741 Ellison Rd NW, Albuquerque, NM 87114
      View Details
    • Contact for pricing
      975 SF

      Retail Space Near Medical Center

      Retail space near Presbyterian Rust Medical Center in Albuquerque, NM.
      5740 Night Whisper Rd NW, Albuquerque, NM 87114
      View Details
    • $25 SF/Yr
      1,200 SF

      Retail Space Near Trader Joe’s

      Retail space available in high-income area anchored by Trader Joe’s.
      8850 Holly Ave NE, Albuquerque, NM 87122
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Anchored Center

      Retail space available in a busy, well-located shopping center.
      10250 Cottonwood Park NW, Albuquerque, NM 87114
      View Details
    • Contact for pricing
      34,794 SF

      Mesilla Valley Mall Retail Space

      Former Conn’s box available at Mesilla Valley Mall.
      5000 Mesilla Vly, Las Cruces, NM
      View Details
    • $10 SF/Yr
      6,000 SF

      Retail Center Anchor Spaces Available

      Retail center with anchor spaces and pad site available.
      2451 San Mateo Blvd NE, Albuquerque, NM 87110
      View Details
    • Contact for pricing
      6,735 SF

      Former Retail Box Available

      Available retail space in Las Cruces, New Mexico.
      1900 Bataan Memorial, Las Cruces, NM 88011
      View Details
    • Contact for pricing
      48,000 SF

      Retail Space Near Intel Facility

      Retail space available near Intel's manufacturing facility in Rio Rancho.
      1630-1660 Rio Rancho Dr SE, Rio Rancho, NM 87124
      View Details
    • Contact for pricing
      1,784 SF

      Retail Space in High-Traffic Area

      Retail space with high visibility in a regional trade area.
      3705 Ellison Rd NW, Albuquerque, NM 87114
      View Details
    • $25 SF/Yr
      1,500 SF

      Gibson Blvd Retail Pad Site

      Retail pad site with drive-thru potential on Gibson Blvd.
      5305 Gibson Blvd SE, Albuquerque, NM 87102
      View Details
    • $30 SF/Yr
      1,200 SF

      Retail Space Near Walmart

      Retail space available across from Walmart Supercenter & Chick-Fil-A.
      1121 Unser Blvd SW, Rio Rancho, NM 87124
      View Details
    • $24 SF/Yr
      4,900 SF

      Retail Spaces with Patio Potential

      Retail spaces available, potential for restaurant conversion and patio.
      6421 Riverside Plaza Ln, Albuquerque, NM 87120
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space in High-Traffic Area

      Retail space in a major shopping destination with high visibility.
      9261 Coors Blvd NW, Albuquerque, NM 87114
      View Details
    • $27 SF/Yr
      1,282 SF

      Retail Space in Regional Trade Area

      Retail space in a high-traffic regional trade area.
      3703 Ellison Rd NW, Albuquerque, NM 87114
      View Details
    • $35 SF/Yr
      1,850 SF

      Retail Space in North Towne

      Retail space available in Whole Foods anchored North Towne Plaza.
      5901 Wyoming Blvd NE, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      3,000 SF

      Carlisle Crossing Retail Opportunity

      Retail space available near Whole Foods and high-traffic area.
      2122 Carlisle Blvd NE, Albuquerque, NM 87106
      View Details
    • $27 SF/Yr
      4,969 SF

      Retail Space Near Walmart Entrance

      Retail space with high visibility and signage near Walmart.
      5131 Main St, Santa Fe, NM
      View Details
    • Contact for pricing

      Retail Space Near Major Retailers

      Retail space strategically located near Walmart and Lowe’s.
      1321 N Riverside Dr, Espanola, NM 87532
      View Details
    • Contact for pricing
      3,100 SF

      Prime Albuquerque Retail Pad Site

      3,100 SF Restaurant Space Available
      5640 Wyoming Blvd, Albuquerque, NM 87111
      View Details
    • Contact for pricing

      Santa Rosa Fuel Stop Opportunity

      Established fuel stop location in Santa Rosa, New Mexico.
      2544 S Rt. 66, Santa Rosa, NM 88435
      View Details
    • Contact for pricing

      Retail Space at Paseo Norte

      Retail space available at a high-traffic Albuquerque intersection.
      9311 Coors Blvd NW, Albuquerque, NM 87114
      View Details
    • Contact for pricing

      Riverside Plaza Mixed-Use Property

      Retail and office spaces in a high-traffic Albuquerque location.
      6251 Riverside Plaza Ln, Albuquerque, NM 87120
      View Details
    • Contact for pricing

      Carlisle Crossing Retail Space Available

      Retail spaces for lease at Whole Foods anchored Carlisle Crossing.
      2100 Carlisle Blvd NE, Albuquerque, NM 87110
      View Details
    • Contact for pricing

      Commercial Kitchen Space Available

      Permitted kitchen space for rent on Candelaria Road.
      9450 Candelaria Rd NE, Albuquerque, NM 87112
      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
    David Chavez, 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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    David Chavez, 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
    Thank You

    You are Unsubscribed From Notifications

    (505) 507-3283
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!