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    1823 Commercial St NE, Unit A Albuquerque, NM 87102

    For Sale
    $874,368

    COMMERCIAL - Albuquerque, NM

    Lot size:
    2.31 Acres
    Days on Market:
    231
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 1823 Commercial St NE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security
    APN
    101405942002640719
    Parking
    30
    Lot size
    2.31 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Floors in Building
    1
    Building materials
    Block, Stucco

    New Mexico Properties/Allstar, REALTORS (505) 798-6300 [email protected]

    Listing agent Jacob E Lopez (505) 328-5156 License #50903

    Listing date Apr 21, 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

    Albuquerque Industrial/Flex Suites For Sale

    Located in Albuquerque, 1823 Commercial St NE offers industrial suites suitable for investment or owner-occupancy. The property provides flexibility, access, and a functional layout to suit a variety of users. Suite A offers 8,096 square feet and is ideal for an owner-user or investment. Suite D features 4,961 square feet with a tenant in place through May 1, 2028, generating an annual income of $44,711 ($3,725/month) + NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Standard Restaurant Supply Industrial Equipment Supplier APA Specialties LLC General Contractor Albuquerque Partitions & Accessories Bathroom Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Albuquerque Commissary Kitchen, High Mountain Cusine Catering, ABQ Ice Cream, Southwest Savories Aviation Catering LLC

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.642593
    Latitude
    35.102343

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    FAQs

    What type of property is this?
    Flex space - Versatile industrial/flex suites in a centrally located area of Albuquerque.
    Where is this flex space located?
    The property is located at 1823 Commercial St NE, Unit A Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $874,368.
    What are key features of this property?
    This property features: - Suite D: Enjoy an 8% Cap Rate with a tenant in place through May 1, 2028, generating $44,711 annually + NNN.; - Versatile Industrial/Flex Space suitable for investment or owner-user.; - Centrally located in Albuquerque, offering excellent access.
    (505) 328-5156
    Request Owner's contact information
    1823 Commercial St NE, Unit A Albuquerque, NM 87102
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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
    1823 Commercial St NE, Unit A Albuquerque, NM 87102
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