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    North Valley Live/Work Office Title is generated by Realmo AI

    5717 Edith Blvd NE, Albuquerque, NM

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    Live/work office space in the heart of North Valley.

    Type:OFFICE
    Property size:
    2,103 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $175/SF
    Added:
    Mar 13, 2025
    Days on Market:
    460
    Last Refresh:
    May 20 at 8:50 pm

    Property Features for 5717 Edith Blvd NE

    General Information

    Standard status
    Active
    Size
    2,103 SF
    Lot size
    0.13 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 5717 Edith Blvd NE Contact us

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    Listing Contact
    Lisa Mercer
    Lisa Mercer

    Listing agent Lisa Mercer

    Listing office NAI SunVista - Albuquerque

    Listing date Mar 13, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of NAI SunVista - Albuquerque

    HighLights

    • Live/work office floor plan
    • Upgrades to flooring, paint and break area
    • Fenced, secure yard
    • In the heart of the North Valley
    • Monument signage
    • Washer/dryer hookups

    Overview

    Located in the heart of the North Valley, this property offers a live/work office floor plan. The property features upgrades to flooring, paint, and the break area. It includes washer and dryer hookups. The site is secured with a fenced yard and benefits from monument signage. The property size is 2103 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $45.4k $21.60
    − Vacancy −$8.2k −$3.89
    EGI $37.2k $17.71
    − OpEx −$9.3k −$4.43
    NOI $27.9k $13.28
    2,103 SF · lease $21.60/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $399.1K
    $349.2K – $465.6K (±1% cap)
    NOI $27,936 @ 7.0% cap · market cap 7.55%
    Second Best
    Mixed Use
    $365.0K
    $319.4K – $425.9K (±1% cap)
    NOI $25,551 @ 7.0% cap · market cap 6.91%
    Theoretical Best
    Office A
    $508.8K
    $445.2K – $593.6K (±1% cap)
    NOI $35,613 @ 7.0% cap · market cap 9.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Premier Mechanical LLC HVAC Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center 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
    -106.628
    Latitude
    35.1386

    FAQs

    What type of property is this?
    Live-work space - Live/work office space in the heart of North Valley.
    Where is this live-work space located?
    The property is located at 5717 Edith Blvd NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: Live/work office floor plan; Upgrades to flooring, paint and break area; Fenced, secure yard
    (505) 235-8503 Call to check price and availability
    More about this property
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