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    4665 Irving Blvd NW Albuquerque, NM 87114

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    For Sale
    $3,292,800

    NNN property with long-term lease and no landlord responsibilities.

    Property size:
    16,464 SF
    Lot size:
    1.84 Acres

    Property Features for 4665 Irving Blvd NW

    General Information

    Size
    16,464 SF
    Lot size
    1.84 Acres

    Source: Western States Commercial Real Estate Agent Flora Koller

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

    Overview

    Albuquerque Retail NNN Investment Opportunity

    This property offers a net operating income of $230,496 and a cap rate of 7.00%. The rentable area is 16,464 square feet, situated on a 2.3-acre lot. The property is priced at $200 per square foot, with the current lease term ending on December 31, 2028. Structured as an absolute NNN lease, the tenant assumes all responsibilities, eliminating landlord obligations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Planet Fitness Gym Albuquerque Kitchen Remodeler ... Bathroom Remodeler

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -106.6789125
    Latitude
    35.2007168

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    FAQs

    What type of property is this?
    NNN property - NNN property with long-term lease and no landlord responsibilities.
    Where is this nnn property located?
    The property is located at 4665 Irving Blvd NW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $3,292,800.
    What are key features of this property?
    This property features: - Absolute NNN Lease Structure, offering zero landlord responsibilities; - Attractive 7.00% Cap Rate; - Strong Net Operating Income (NOI) of $230,496
    (330) 645-5335
    Request Owner's contact information
    4665 Irving Blvd NW Albuquerque, NM 87114
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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
    4665 Irving Blvd NW Albuquerque, NM 87114
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