8-Tenant Mixed-Use
For Sale
$649,000
2 Marietta Court, Edgewood, NM 87015
Commercial Sale, Edgewood, NM
Property Size6,400 SF
Lot Size0.95 Acres
Price / SF$101.41
Days on Market82
Property Features for 2 Marietta Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
ABQ Bernalillo
Parking
35
Directions
I40 to Edgewood exist. Turn Right. Turn west on 333 to Marietta Court. Property on the right.
Subdivision
260 - South 217
Standard status
Active
APN
099001244
Lot size
0.95 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
retail, office
Property Use
Retail and Office
Taxes and HOA fees
Tax Description
Lot 20 Edgewood Plaza T10n R 7E S28 .946 Ac ;Pm1-039-056-274-373
Tax Annual Amount
7052
Legal Description
Lot 20 Edgewood Plaza T10n R 7E S28 .946 Ac ;Pm1-039-056-274-373
Building Details
Floors in Building
1
Listing Agency:
Couture Brokerage
Listed By:
Toni-Lei Renee Ponic · License #15258
(505) 321-3259
Added: Aug 14
Changed: Oct 30
Last Checked: Nov 3 at 2:06AM
MLS# 1109680
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 2 Marietta Court in Edgewood, this mixed-use commercial property contains approximately 6,400 square feet of retail and professional office space. Multiple suites accommodate eight tenants, and the property is fully leased. Some tenant agreements use NNN lease structures.
The property occupies a 0.95-acre site in Edgewood, New Mexico, and carries the zoning designation ABQ Bernalillo.
The property occupies a 0.95-acre site in Edgewood, New Mexico, and carries the zoning designation ABQ Bernalillo.
Key Highlights
- Approximately 6,400 square feet of retail and professional office space
- Eight tenants; fully leased
- 0.95‑acre site at 2 Marietta Court in Edgewood, NM 87015
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,551
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,191,020
$1.2M
Cap Rate 7%
$850,729
$850.7K
Cap Rate 9%
$661,678
$661.7K
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$103.7K $16.20/SF
− Vacancy
−$8.4K −$1.31/SF
EGI
$95.3K $14.89/SF
− OpEx
−$35.7K −$5.58/SF
NOI
$59.6K $9.30/SF
Area
Santa Fe County, NM
Vacancy
8.10%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,191,020
Cap Rate 7%
$850,729
Cap Rate 9%
$661,678
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,128 @ 7.0% cap · market cap 13.58%
Second Best
Retail
$1.16M
$1.01M – $1.35M
NOI $81,164 @ 7.0% cap · market cap 12.51%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,651 @ 7.0% cap · market cap 18.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Explore this area
Business Placement
Demographics for 87015, NM
12,833
Population
6,593
Households
1.9
Avg Household Size
47
Median Age
34%
College-Educated
93%
High-School Grad
131.6 sq mi
ZIP Area
98
Density / Sq Mi
$72,681
Median Household Income
$48,270
Median Earnings
$891
Median Rent
$263,200
Median Home Value
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View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and professional office suites serve multiple occupants, with some leases structured on an NNN basis.
Where is this mixed-use property located?
The property is located at 2 Marietta Court Edgewood, NM.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Approximately 6,400 square feet of retail and professional office space; Eight tenants; fully leased; 0.95‑acre site at 2 Marietta Court in Edgewood, NM 87015
