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Mixed-Use Property with Residences
New
For Sale
$939,900

1810 Broadway Blvd SE, Albuquerque, NM 87111

Four occupied spaces combine commercial and residential tenants under MX-L zoning.

Property Size10,780 SF
Price / SF$87.19
Days on Market2

Property Features for 1810 Broadway Blvd SE

General Information

Standard status Active
Size 10,780 SF
Property subtype Multi-Family
Zoning MX-L
Occupancy 100%
Net Operating Income $48,254

Financials

Cap Rate 5.13%
Gross Income $79,200

Site & Location

Neighborhood Sbw
Road Access Yes
Mixed-Use Components retail, warehouse, residential

Additional Details

Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Double Eagle Real Estate
Listed By: Missy Ashcraft
Source: Missyashcraft
Added: Oct 23 Last Checked: Oct 23 at 3:55PM

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 Double Eagle Real Estate

Rey
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Investment Insights

Based on property information with market context.

At 1810 and 1814 Broadway Blvd SE, two parcels contain four spaces: street-facing retail, warehouse space, and two residences. The property is fully occupied, with commercial and residential tenants across the mix. MX-L zoning is in place.

The site fronts Broadway Blvd SE in Albuquerque. Downtown is 1.6 miles away, the Sunport is 2.6 miles away, and Lobo Crossing is under construction about a mile from the property.

Current occupancy and below-market rents are reported, with a projected cap rate of 8.00% at market rents compared with 5.13% at current rents.

Key Highlights

  • Two parcels contain four spaces: retail, warehouse, and two residences
  • Fully occupied with commercial and residential tenants
  • MX‑L zoning

Property Analytics

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Current Use

Los Pollos Hermanos Restaurant Culture Ink Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

Demographics for 87111, NM

56,121
Population
28,192
Households
2
Avg Household Size
45
Median Age
56%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
4,419
Density / Sq Mi
$84,511
Median Household Income
$52,350
Median Earnings
$1,310
Median Rent
$349,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four occupied spaces combine commercial and residential tenants under MX-L zoning.
Where is this mixed-use property located?
The property is located at 1810 Broadway Blvd SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $939,900.
What are key features of this property?
This property features: Two parcels contain four spaces: retail, warehouse, and two residences; Fully occupied with commercial and residential tenants; MX‑L zoning
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