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    4010 Montgomery Blvd NE Albuquerque, NM 87109

    For Sale
    $4,075,000

    11,700 SF office building with long-term tenant.

    Property size:
    11,700 SF
    Lot size:
    1.30 Acres

    Property Features for 4010 Montgomery Blvd NE

    General Information

    Size
    11,700 SF
    Lot size
    1.30 Acres

    Source: Colliers | Albuquerque Agent Tom Franchini CCIM

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

    Overview

    Albuquerque Office Building For Sale

    The property located at 4010 Montgomery Blvd. NE, Albuquerque, NM, is an office building offering approximately 11,700 square feet of space on a 1.29-acre lot. The property is currently leased to Optum Healthcare, providing a stable income stream through the end of November 2030. The 2024 gross rent is $305,794, with a Net Operating Income (NOI) estimated at $272,004.33.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Optum Primary Care Medical Clinic Laura Bellew, CNP Internist NM Community Center Medical Clinic Linda Humphrey, NP Nurse Practitioner Bryan Sanchez, NP Family Practice Physician

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Similar Places Nearby

    Veterinary Emergency & Specialty Center of Albuquerque, Thrive Pet Healthcare Specialists - Albuquerque, Thrive Pet Healthcare Specialists, Veterinary Dentistry & Oral Surgery of New Mexico, Johnson Maurice DVM

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5980598
    Latitude
    35.1304945

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    FAQs

    What type of property is this?
    Medical office - 11,700 SF office building with long-term tenant.
    Where is this medical office located?
    The property is located at 4010 Montgomery Blvd NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $4,075,000.
    What are key features of this property?
    This property features: - Stable income stream from Optum Healthcare lease extending through November 2030.; - High Cap Rate of 7%.; - Net Operating Income (NOI) estimated at $272,004.33.
    (505) 249-4242
    Request Owner's contact information
    4010 Montgomery Blvd NE Albuquerque, NM 87109
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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
    4010 Montgomery Blvd NE Albuquerque, NM 87109
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