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    Salon/Office Space with Open Layout Title is generated by Realmo AI

    332 Adams St SE, Albuquerque, NM

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    Versatile salon/office space with open layout and shared parking.

    Type:OFFICE
    Property size:
    1,250 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $200/SF
    Added:
    Mar 19, 2025
    Days on Market:
    454
    Last Refresh:
    May 20 at 9:04 pm

    Property Features for 332 Adams St SE

    General Information

    Standard status
    Active
    Size
    1,250 SF
    Lot size
    0.07 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Ed Anlian CCIM
    Ed Anlian CCIM

    Listing agent Ed Anlian CCIM License #48551

    Listing office Johnson Commercial Real Estate

    Listing date Mar 19, 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 Johnson Commercial Real Estate

    HighLights

    • Built‑Out as a Salon with Office, Restroom, and Storage
    • Zoned MX‑T; Mixed‑Use Transitional
    • Versatile Open Workspace
    • Building and Monument Signage Available
    • Brightly Lit with Hardwood Floors
    • Shared Parking

    Overview

    This 1,250 square foot property is built out as a salon with an office, restroom, and storage area. The space features a versatile open workspace, hardwood floors, and bright lighting. Building and monument signage are available. The property is zoned MX-T, Mixed-Use Transitional. Shared parking is available. There is currently a month-to-month tenant in place.

    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 $27.0k $21.60
    − Vacancy −$4.9k −$3.89
    EGI $22.1k $17.71
    − OpEx −$5.5k −$4.43
    NOI $16.6k $13.28
    1,250 SF · lease $21.60/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $237.2K
    $207.6K – $276.8K (±1% cap)
    NOI $16,605 @ 7.0% cap · market cap 6.64%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $302.4K
    $264.6K – $352.8K (±1% cap)
    NOI $21,168 @ 7.0% cap · market cap 8.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.594
    Latitude
    35.0747

    FAQs

    What type of property is this?
    Office units - Versatile salon/office space with open layout and shared parking.
    Where is this office units located?
    The property is located at 332 Adams St SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Built‑Out as a Salon with Office, Restroom, and Storage; Zoned MX‑T; Mixed‑Use Transitional; Versatile Open Workspace
    (505) 250-9661 Call to check price and availability
    More about this property
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