Renovated Government-Anchored Office
For Sale
Contact for pricing
1015 Tijeras Ave NW, Albuquerque, NM 87102
Fee-simple interest in a government-anchored office building with recent HVAC, LED, and entryway renovations.
Property Size38,002 SF
Days on Market136
Property Features for 1015 Tijeras Ave NW
General Information
Standard status
Active
Size
38,002 SF
Class
A
Total Parking Spaces
109
Property subtype
Office
Additional Details
Opportunity Zone
Yes
Highway Access
Yes
Listing Agency:
Marcus & Millichap | The Patel Yozwiak Group
Listed By:
Justin Fenn · License #OH 2002011928
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 5:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | The Patel Yozwiak Group
Investment Insights
Based on property information with market context.
The Parks Building is a 38,002 rentable-square-foot government-anchored office property offered in fee simple. The building recently underwent a $600,000 renovation to upgrade the facility from Class B to Class A finishes, including new HVAC, expanded 800-square-foot entryway, upgraded LED lighting, and new parking lot improvements.
The property includes an on-site fenced parking lot with 59 vehicle spaces, along with an additional parking lot across the street with 50 more spaces that can be developed into housing or another use. The site is located in an Opportunity Zone and is described as centrally positioned between Historic Old Town and downtown Albuquerque, with proximity to the University of New Mexico, Albuquerque International Sunport, and the I-25/I-40 interchange.
New Mexico Human Services Department recently invested $226,455 in tenant improvements during its final option period, supporting continued occupancy and site commitment.
The property includes an on-site fenced parking lot with 59 vehicle spaces, along with an additional parking lot across the street with 50 more spaces that can be developed into housing or another use. The site is located in an Opportunity Zone and is described as centrally positioned between Historic Old Town and downtown Albuquerque, with proximity to the University of New Mexico, Albuquerque International Sunport, and the I-25/I-40 interchange.
New Mexico Human Services Department recently invested $226,455 in tenant improvements during its final option period, supporting continued occupancy and site commitment.
Key Highlights
- 38,002 rentable SF government‑anchored office property with fee‑simple interest in Albuquerque, New Mexico
- Recently renovated with $600,000 in upgrades, upgrading finishes from Class B to Class A
- Renovations include new HVAC, upgraded LED lighting, and an expanded 800 SF entryway
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,457
Businesses Nearby
Explore this area
Business Placement
Demographics for 87102, NM
20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Fee-simple interest in a government-anchored office building with recent HVAC, LED, and entryway renovations.
Where is this office building located?
The property is located at 1015 Tijeras Ave NW Albuquerque, NM.
What are key features of this property?
This property features: 38,002 rentable SF government‑anchored office property with fee‑simple interest in Albuquerque, New Mexico; Recently renovated with $600,000 in upgrades, upgrading finishes from Class B to Class A; Renovations include new HVAC, upgraded LED lighting, and an expanded 800 SF entryway
