Office Unit with Private
New
For Sale
Contact for pricing
3500 Comanche Rd NE, Albuquerque, NM 87107
Windowed workspace receives natural light and sits within a gated property with an operational fence.
Property Size4,100 SF
Price / SF$146.10
Days on Market3
Property Features for 3500 Comanche Rd NE
General Information
Standard status
Active
Size
4,100 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Nec
Amenities
abundance of windows and natural light
outdoor private patio
secure with a gate and operational fence
Listing Agency:
NAI SunVista - Albuquerque
(505) 878-0001
Listed By:
DJ Brigman CCIM · License #NM 51555
(505) 238-7941
Source:
Moodyscre
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 3:14PM
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
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Investment Insights
Based on property information with market context.
This 4,100-square-foot office unit has windows that bring natural light into the workspace and a private patio for outdoor use. The property is enclosed by a gate and operational fence.
Condominium dues cover water, sewer, and trash service. The office is located at 3500 Comanche Rd NE in Albuquerque, New Mexico.
Condominium dues cover water, sewer, and trash service. The office is located at 3500 Comanche Rd NE in Albuquerque, New Mexico.
Key Highlights
- 4,100‑square‑foot office unit
- Private patio
- Windows provide natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,464
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,280
$1.1M
Cap Rate 7%
$778,057
$778.1K
Cap Rate 9%
$605,156
$605.2K
Market Conditions
NOI Build-Up for 4,100 SF
Gross rent
$88.6K $21.60/SF
− Vacancy
−$15.9K −$3.89/SF
EGI
$72.6K $17.71/SF
− OpEx
−$18.2K −$4.43/SF
NOI
$54.5K $13.28/SF
Area
Albuquerque, NM
Vacancy
18.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,280
Cap Rate 7%
$778,057
Cap Rate 9%
$605,156
Alternative Uses
Best Use
Office B
$778.1K
$680.8K – $907.7K
NOI $54,464 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$991.9K
$867.9K – $1.16M
NOI $69,431 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,459
Businesses Nearby
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Business Placement
Demographics for 87107, NM
30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Windowed workspace receives natural light and sits within a gated property with an operational fence.
Where is this office unit located?
The property is located at 3500 Comanche Rd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 4,100‑square‑foot office unit; Private patio; Windows provide natural light
