1200-1202 4th St. SW, Albuquerque, NM 87102
Retail investment opportunity with long-term daycare tenant in Albuquerque.
- 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
Listing agent Walt Arnold, CCIM, SIOR License #NM #9117 (505) 269-9358
Listing office (505) 269-9358
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
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 |
Alternative Uses
Current Use by Public Records
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