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    7000 Prospect Pl NE Albuquerque, NM 87110

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    For Sale
    $1,495,000

    Office building for sale with tenant in place.

    Property size:
    8,256 SF
    Lot size:
    1.02 Acres

    Property Features for 7000 Prospect Pl NE

    General Information

    Size
    8,256 SF
    Lot size
    1.02 Acres

    Source: CBRE | Albuquerque Agent Marguerite Haverly

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

    Overview

    Albuquerque Office Building For Sale

    This 8,256 square foot office building is available for purchase. The property features building amenities including a full kitchen/breakroom and an interior courtyard with mature landscaping. Secured building access and monument signage are also present. The parking ratio is 5 per 1,000 square feet. The property is located near multiple Uptown amenities, including hotels, dining, shopping, fitness, and entertainment. The property is currently occupied by Proud Moments ABA, with a lease commencing on July 1, 2024, for an 88-month term. The monthly rent is $10,664, under a modified gross lease structure. Please do not disturb the tenant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial Appraisal Inc Real Estate Appraiser Brooks Pearsall Zantow ... Real Estate Appraiser

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5662923
    Latitude
    35.1071376

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    FAQs

    What type of property is this?
    Office building - Office building for sale with tenant in place.
    Where is this office building located?
    The property is located at 7000 Prospect Pl NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - Long-term lease in place, commencing 7/1/24 with an 88-month term.; - Stable monthly income of $10,664.; - Modified Gross lease structure.
    (505) 681-2052
    Request Owner's contact information
    7000 Prospect Pl NE Albuquerque, NM 87110
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    Albuquerque, NM 87110
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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
    7000 Prospect Pl NE Albuquerque, NM 87110
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