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    1520 Tramway Blvd NE Albuquerque, NM 87112

    For Sale
    $2,400,000

    Freestanding commercial building with long-term tenant and excellent visibility.

    Property size:
    12,928 SF
    Lot size:
    1.47 Acres

    Property Features for 1520 Tramway Blvd NE

    General Information

    Size
    12,928 SF
    Lot size
    1.47 Acres

    Source: RESOLUT RE Agent Martín Richardson

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

    Overview

    Freestanding Commercial Building on Tramway

    This freestanding commercial building offers approximately 7,800 square feet of space. The efficient single-level layout features flexible interior space suitable for various professional and medical uses. A long-term tenant is in place, operating a successful, low-impact business with a history of strong lease compliance and stability. The property is situated in a prime location on highly trafficked Tramway Blvd NE, providing exceptional visibility and easy access to I-40, nearby amenities, and high-income neighborhoods. The property provides passive income with excellent cash flow, offering investment-grade returns due to long-term occupancy and minimal operating costs. Recent upgrades and professional maintenance demonstrate pride of ownership and ensure the property is in excellent condition, reducing future capital needs. This tenant-occupied investment with immediate yield is ideal for investors repositioning capital.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eating Disorders Treatment ... Mental Health Clinic Haley Snell-Sparapany Nutritionist Bryn Smith Nutritionist Marena Pacheco Nutritionist Jessika Brown Dietitian

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.4961694
    Latitude
    35.0960852

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    FAQs

    What type of property is this?
    Office building - Freestanding commercial building with long-term tenant and excellent visibility.
    Where is this office building located?
    The property is located at 1520 Tramway Blvd NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Prime Location on Tramway Blvd NE with Exceptional Visibility and Easy I-40 Access; - Long-Term Tenant in Place with Strong Lease Compliance and Stability; - Passive Income with Excellent Cash Flow and Investment-Grade Returns
    (505) 259-9989
    Request Owner's contact information
    1520 Tramway 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
    1520 Tramway Blvd NE Albuquerque, NM 87112
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