Mixed-Use Retail and Office
For Sale
$1,960,000
3530 Wyoming Blvd NE, Albuquerque, NM 87111
For sale mixed-use property offering storefront and office space in a single asset on Wyoming Blvd NE.
Property Size10,830 SF
Price / SF$180.98
Days on Market104
Property Features for 3530 Wyoming Blvd NE
General Information
Standard status
Active
Size
10,830 SF
Property subtype
Office
Zoning
MX-L
Occupancy
100%
Building Details
Year Built
1979
Listing Agency:
NAI SunVista
Listed By:
Martha Carpenter
(505) 338-9870
Source:
Carnm.resimplifi
Added: Jun 26
Changed: Sep 26
Last Checked: Oct 5 at 3:01PM
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
Investment Insights
Based on property information with market context.
This mixed-use commercial property totals 10,830 SF and is configured to support both storefront-style retail and office use. The asset is offered for sale and presents a combined footprint that can accommodate a tenant mix requiring retail-facing space alongside office-oriented space.
Located at 3530 Wyoming Blvd NE in Albuquerque, NM, the property benefits from exposure along a primary commercial corridor. The offering is presented as a single mixed-use building, which can simplify ownership and leasing compared to maintaining separate retail and office assets.
The storefront and office combination can fit a range of tenant requirements, including businesses that need customer-facing space together with administrative, professional, or back-office operations. For buyers, the single-building structure provides one acquisition to evaluate for current occupancy and future leasing. Prospective tenants and buyers can review the property’s layout and unit configuration with the understanding that it is designed to handle both retail and office environments under one roof. The property is listed for sale at a total building level.
Located at 3530 Wyoming Blvd NE in Albuquerque, NM, the property benefits from exposure along a primary commercial corridor. The offering is presented as a single mixed-use building, which can simplify ownership and leasing compared to maintaining separate retail and office assets.
The storefront and office combination can fit a range of tenant requirements, including businesses that need customer-facing space together with administrative, professional, or back-office operations. For buyers, the single-building structure provides one acquisition to evaluate for current occupancy and future leasing. Prospective tenants and buyers can review the property’s layout and unit configuration with the understanding that it is designed to handle both retail and office environments under one roof. The property is listed for sale at a total building level.
Key Highlights
- Mixed‑use property with storefront and office space in one asset
- 10,830 SF building total
- Built in 1979
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,016
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,440,320
$2.4M
Cap Rate 7%
$1,743,086
$1.7M
Cap Rate 9%
$1,355,733
$1.4M
Market Conditions
NOI Build-Up for 10,830 SF
Gross rent
$188.4K $17.40/SF
− Vacancy
−$14.1K −$1.31/SF
EGI
$174.3K $16.10/SF
− OpEx
−$52.3K −$4.83/SF
NOI
$122.0K $11.27/SF
Area
ZIP 87111
Vacancy
7.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,440,320
Cap Rate 7%
$1,743,086
Cap Rate 9%
$1,355,733
Alternative Uses
Best Use
Retail
$1.74M
$1.53M – $2.03M
NOI $122,016 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.54M
$2.22M – $2.97M
NOI $177,941 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
207k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 46%
Shops & Services 33%
Dining 19%
Apparel 2%
Target
Superstores
94,271 visits/mo
0.5 miles
Michaels
Shops & Services
35,651 visits/mo
0.5 miles
Party City
Shops & Services
22,816 visits/mo
0.4 miles
7 Brew Coffee
Dining
19,095 visits/mo
0.4 miles
Dunkin' Donuts
Dining
15,729 visits/mo
0.3 miles
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 Retail in Albuquerque, NM
Questions? Ask Rey
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Similar Off Market Nearby
- Flowerage — 7400 montgomery blvd ne # 20, albuquerque, nm 87109
Frequently Asked Questions
What type of property is this?
Storefront property - For sale mixed-use property offering storefront and office space in a single asset on Wyoming Blvd NE.
Where is this storefront property located?
The property is located at 3530 Wyoming Blvd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,960,000.
What are key features of this property?
This property features: Mixed‑use property with storefront and office space in one asset; 10,830 SF building total; Built in 1979
