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    Daycare Investment Opportunity on 4th Title is generated by Realmo AI

    1200-1202 4th St. SW, Albuquerque, NM 87102

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    For Sale
    $820,000

    Retail investment opportunity with long-term daycare tenant in Albuquerque.

    Type:Retail
    Property size:
    3,248 SF
    Price / SF:
    $252/SF
    Added:
    Nov 21, 2025
    Days on Market:
    206
    Last Refresh:
    May 8 at 8:52 pm

    Property Features for 1200-1202 4th St. SW

    General Information

    Standard status
    Active
    Size
    3,248 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1945

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    Listing Contact
    Walt Arnold, CCIM, SIOR

    Listing agent Walt Arnold, CCIM, SIOR License #NM #9117

    Listing office

    Listing date Nov 21, 2025

    Source Svn

    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 Walt Arnold, CCIM, SIOR

    HighLights

    • Excellent location directly on 4th St. with high traffic counts.
    • Fully occupied by a thriving, long‑term daycare tenant.
    • Zoned MX‑T, offering versatile potential for retail or street retail development.
    • Two buildings totaling 3,248 SF with functional layouts.
    • Proximity to amenities, Historic Old Town, and Sawmill Market.
    • Includes .26 acres with a vacant parcel across the street for future development.

    Overview

    Located at 1200-1202 4th St. SW, Albuquerque, NM, this property presents an investment opportunity. The property, totaling 3,248 square feet, is zoned MX-T and fully occupied by a daycare. The location on 4th St. offers high traffic counts and proximity to amenities. The property consists of two buildings, each 1,624 square feet, with functional layouts. The total land area is 0.26 acres, which includes a vacant parcel across the street for future development. The location is near the Historic Old Town, shops, eateries, and the Sawmill Market. The area benefits from strong foot traffic and a mix of retail and dining options.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $72.1k $22.20
    − Vacancy −$5.4k −$1.67
    EGI $66.7k $20.54
    − OpEx −$20.0k −$6.16
    NOI $46.7k $14.37
    3,248 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $667.0K
    $583.6K – $778.1K (±1% cap)
    NOI $46,688 @ 7.0% cap · market cap 5.69%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $785.8K
    $687.5K – $916.7K (±1% cap)
    NOI $55,003 @ 7.0% cap · market cap 6.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Ives Flower Shop — 908 4th St SW, Albuquerque, NM 87102
    • Flowers By Zach-Low — 414 2nd St SW, Albuquerque, NM 87102
    • Ives Flowers & Gifts — 143, albuquerque, nm 87103

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.653
    Latitude
    35.0738

    FAQs

    What type of property is this?
    Storefront property - Retail investment opportunity with long-term daycare tenant in Albuquerque.
    Where is this storefront property located?
    The property is located at 1200-1202 4th St. SW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $820,000.
    What are key features of this property?
    This property features: Excellent location directly on 4th St. with high traffic counts.; Fully occupied by a thriving, long‑term daycare tenant.; Zoned MX‑T, offering versatile potential for retail or street retail development.
    More about this property
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