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    1601 Randolph Rd SE Albuquerque, NM 87106

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    For Lease
    $4,257,025

    Two-story office building with multiple units available for lease.

    Property size:
    2,383 SF
    Lot size:
    2.46 Acres

    Property Features for 1601 Randolph Rd SE

    General Information

    Size
    2,383 SF
    Lot size
    2.46 Acres

    Source: Commercial Real Estate Services Agent J. Richard Rivas

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

    Overview

    Renovated Office Building For Lease

    This newly renovated two-story office building, constructed in 1986, is situated on the north side of Randolph Road SE, offering convenient access to the Sunport/I-25 interchange. The multi-tenant building accommodates a range of tenants, including federal agencies and private/government consultants. There are three separate units available, which can be leased as single offices or combined to create larger spaces. The property offers 2,383 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    US Flight Standards ... Department Of Transportation APNLAW Attorney Referral Service Tau Technologies Engineering Consultant Jackson & Tull Chartered ... Engineer Airport District Office Government

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.630195
    Latitude
    35.05339

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    FAQs

    What type of property is this?
    Office building - Two-story office building with multiple units available for lease.
    Where is this office building located?
    The property is located at 1601 Randolph Rd SE Albuquerque, NM.
    What are key features of this property?
    This property features: - Newly renovated office building.; - Located in close proximity to Sunport/I-25 interchange.; - Leased to strong credit tenants including federal agencies and government consultants.
    (505) 270-9775
    Request Owner's contact information
    1601 Randolph Rd SE Albuquerque, NM 87106
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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
    1601 Randolph Rd SE Albuquerque, NM 87106
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