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    301 Central Ave NW Albuquerque, NM 87102

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    For Lease
    Contact for pricing

    Prime location near Convention Center, ideal for office or retail.

    Property size:
    11,413 SF
    Lot size:
    0.34 Acres

    Property Features for 301 Central Ave NW

    General Information

    Size
    11,413 SF
    Lot size
    0.34 Acres

    Source: Albuquerque Property Management Agent Clay Azar

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

    Overview

    Downtown Albuquerque Mixed-Use Property

    Located in downtown Albuquerque at the corner of Central Avenue (Route 66) and 3rd Street, this mixed-use property underwent significant redevelopment in 2006, refreshing its appearance with modern architectural features and contemporary finishes. Originally constructed in the mid-1980s, the property is near the Albuquerque Convention Center and downtown hotels, making it a focal point for the city's daytime workforce, tourism, hospitality, and pedestrian traffic. The building, with a size of 11413 square feet, has previously functioned as a restaurant and billiards bar, with existing infrastructure still accessible. It was later converted to tech office space, which is its current configuration. The property features a patio area and is situated in the heart of downtown. It is suitable for office or retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Locker Room Haircuts Hair Salon True Love Tattoo Tattoo Shop Cheese cake factory Restaurant Hotel anndaluz French Restaurant Campbell Bishop Photography Commercial Photographer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6440361
    Latitude
    35.0839392

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    FAQs

    What type of property is this?
    Office space - Prime location near Convention Center, ideal for office or retail.
    Where is this office space located?
    The property is located at 301 Central Ave NW Albuquerque, NM.
    What are key features of this property?
    This property features: - Prime location at the corner of Central Avenue (Route 66) and 3rd Street in downtown Albuquerque.; - Proximity to the Albuquerque Convention Center and downtown hotels, attracting daytime workforce, tourism, hospitality, and pedestrian traffic.; - Significant redevelopment in 2006 with modern architectural features and contemporary finishes.
    (505) 480-9777
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    301 Central Ave NW 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
    301 Central Ave NW Albuquerque, NM 87102
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