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    2340 Menaul Rd NE Albuquerque, NM 87102

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    For Lease
    $17 SF/Yr

    Two office buildings available for lease in Albuquerque, New Mexico.

    Property size:
    29,814 SF
    Lot size:
    3.12 Acres

    Property Features for 2340 Menaul Rd NE

    General Information

    Size
    29,814 SF
    Lot size
    3.12 Acres

    Source: Metro Commercial Realty Inc Agent Clay J Azar

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

    Overview

    Albuquerque Office Buildings For Rent

    Two office buildings, each approximately 29,814 square feet, are available for lease. The properties are situated on approximately 4.8915 acres, divided into three separately platted lots. Zoning is NR-C (Non – Residential Commercial) according to the City of Albuquerque. Parking is available at a ratio of approximately 5.5 spaces per 1,000 square feet, totaling around 329 spaces, with approximately 30 covered spaces. The lease rate is $17.00 per square foot, full-service.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6258052
    Latitude
    35.1077438

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    FAQs

    What type of property is this?
    Office building - Two office buildings available for lease in Albuquerque, New Mexico.
    Where is this office building located?
    The property is located at 2340 Menaul Rd NE Albuquerque, NM.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Ample Parking: 5.5:1,000 sf ratio with 329 total spaces, including 30 covered spaces.; - Two Buildings: Totaling 59,628 ± sf (29,814 ± sf each).; - Large Acreage: Situated on 4.8915 ± acres consisting of 3 separately platted lots.
    (505) 480-9777
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    2340 Menaul Rd NE Albuquerque, NM 87102
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    Albuquerque, NM 87102
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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
    2340 Menaul Rd NE Albuquerque, NM 87102
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