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    2705 Juan Tabo Blvd NE Albuquerque, NM 87112

    For Sale
    $1,000,000

    9,571 SF office property with 95% occupancy.

    Property size:
    9,571 SF
    Lot size:
    0.76 Acres

    Property Features for 2705 Juan Tabo Blvd NE

    General Information

    Size
    9,571 SF
    Lot size
    0.76 Acres

    Source: Sycamore Associates LLC Agent Gregory F Leach

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Blanca Square Investment Opportunity

    This property, known as Blanca Square, features 9,571 square feet of space spread across three buildings, situated on 0.8448 acres. Zoned MX-L (Mixed Use – Low Intensity), the property boasts a 95% occupancy rate with only one vacant unit. The net operating income is reported as $108,072.00, with a cap rate of 7.7%. The property benefits from short-term leases, offering flexibility and potential for lease renegotiation. Its location in a high-traffic area attracts a diverse mix of tenants, contributing to its stable income and solid occupancy rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farmers Insurance - Thomas ... Insurance Agency East Mountain Speech ... Speech Pathologist Eden Air Purifiers Air Filter Supplier Empowered Birth Medical Clinic L.R. Acne Lab Skin Care Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -106.5162193
    Latitude
    35.1133839

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    FAQs

    What type of property is this?
    Office building - 9,571 SF office property with 95% occupancy.
    Where is this office building located?
    The property is located at 2705 Juan Tabo Blvd NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - High Occupancy Rate: 95% occupancy provides stable income.; - Strong Net Operating Income: $108,072.00 NOI indicates a profitable investment.; - Attractive CAP Rate: 7.7% CAP rate signifies a good return on investment.
    (505) 238-6481
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    2705 Juan Tabo Blvd NE Albuquerque, NM 87112
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    Albuquerque, NM 87112
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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
    2705 Juan Tabo Blvd NE Albuquerque, NM 87112
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