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    3005-3025 Central Ave NE Albuquerque, NM 87102

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    For Lease
    $16 SF/Yr ($6,132 /Mo)

    Retail space in Albuquerque's Nob Hill district near UNM.

    Property size:
    4,599 SF
    Lot size:
    0.71 Acres

    Property Features for 3005-3025 Central Ave NE

    General Information

    Size
    4,599 SF
    Lot size
    0.71 Acres

    Source: Commercial Real Estate Services Agent J. Richard Rivas

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

    Overview

    Retail Space in Nob Hill

    This retail space is situated in the heart of Albuquerque’s Nob Hill retail, office, and entertainment district. The property faces Central Avenue and is located one-half block from the University of New Mexico campus. It is also in close proximity to CNM, Presbyterian, and UNM Hospital. The property offers 4599 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6116312
    Latitude
    35.0809007

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    FAQs

    What type of property is this?
    Retail space - Retail space in Albuquerque's Nob Hill district near UNM.
    Where is this retail space located?
    The property is located at 3005-3025 Central Ave NE Albuquerque, NM.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of Nob Hill's retail, office, and entertainment district; - Facing Central Ave and located one-half block from the University of New Mexico campus; - Close proximity to CNM
    (505) 270-9775
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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
    3005-3025 Central Ave NE Albuquerque, NM 87102
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