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    1601 San Pedro Dr NE Albuquerque, NM 87110

    Sponsored
    For Lease
    $1,695 /Mo ($2 SF/Yr)

    COMMERCIAL - Albuquerque, NM

    Type:Retail
    Lot size:
    0.16 Acres
    Days on Market:
    25
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 1601 San Pedro Dr NE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    101805825121233802
    Parking
    20
    Parking features
    On Street
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air, Central

    Building Details

    Floors in Building
    1
    Building materials
    Frame, Stucco

    Limitless Realty, LLC (505) 933-8888 [email protected]

    Listing agent Jennifer A Souhrada (505) 933-8888 License #38801

    Listing date Dec 17, 2025

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Adaptable Commercial Space in Albuquerque

    This commercial space in Albuquerque, New Mexico, offers 1,761 sq. ft. of adaptable space suitable for various business operations, including office, retail, or event space. The open-layout unit features wood flooring and large windows, providing natural light. The space includes two restrooms. The property is situated on a lot of approximately 0.16 acres. The location benefits from ample parking, monument signage, and high traffic volume. This space is designed to accommodate retail, office, studio, wellness, or service-based businesses, and can be customized to suit specific operational needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hochla Peter MD Doctor Kreuz Leo MD Doctor Truby's Window Decor Window Treatment Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.577871
    Latitude
    35.093059

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    FAQs

    What type of property is this?
    Retail space - Versatile 1,761 sq. ft. commercial space for rent.
    Where is this retail space located?
    The property is located at 1601 San Pedro Dr NE Albuquerque, NM.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Versatile 1,761 sq. ft. clean shell space suitable for office, retail, event space, and more.; - Open layout with attractive wood flooring and abundant natural light from large windows.; - Includes two convenient restrooms.
    (505) 321-6796
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    1601 San Pedro Dr NE Albuquerque, NM 87110
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    Realmo Value Estimation

    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.

    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.

    More about this property
    1601 San Pedro Dr NE Albuquerque, NM 87110
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