Northeast Albuquerque Office Building For
For Sale
$717,590
3733 Eubank Blvd NE, Albuquerque, NM 87111
Office building in prime location with recent upgrades and parking.
Property Size4,141 SF
Price / SF$173.29
Days on Market353
Property Features for 3733 Eubank Blvd NE
General Information
Standard status
Active
Size
4,141 SF
Total Parking Spaces
21
Property subtype
Office
Amenities
21 Parking Spaces
Building Details
Year Built
1971
Listing Agency:
Team Southwest CRE
Listed By:
Tim House
(505) 998-1031
Source:
Carnm.resimplifi
Added: Oct 20, 2025
Changed: Sep 9
Last Checked: Oct 5 at 3:04PM
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 Team Southwest CRE
Investment Insights
Based on property information with market context.
Located in Northeast Albuquerque, this property offers visibility and access to major roads. The building is conveniently located near restaurants, retail options, and other neighborhood amenities. There are 21 on-site parking spaces available for staff and clients. Recent upgrades to the roof and HVAC systems have been completed. This property is suitable for professional users such as attorneys, accountants, or medical offices. It presents a turnkey opportunity for owner-occupants or investors in a high-demand area. The building has a size of 4,141 square feet.
Key Highlights
- Prime Northeast Albuquerque location offering excellent visibility and access.
- Features 21 on‑site parking spaces.
- Recent roof and HVAC upgrades provide peace of mind.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,926
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,520
$1.1M
Cap Rate 7%
$798,943
$798.9K
Cap Rate 9%
$621,400
$621.4K
Market Conditions
NOI Build-Up for 4,141 SF
Gross rent
$101.9K $24.60/SF
− Vacancy
−$8.7K −$2.09/SF
EGI
$93.2K $22.51/SF
− OpEx
−$37.3K −$9.00/SF
NOI
$55.9K $13.51/SF
Area
ZIP 87111
Vacancy
8.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,118,520
Cap Rate 7%
$798,943
Cap Rate 9%
$621,400
Alternative Uses
Best Use
Healthcare Medical
$798.9K
$699.1K – $932.1K
NOI $55,926 @ 7.0% cap · market cap 7.79%
Second Best
Office B
$757.1K
$662.5K – $883.3K
NOI $52,997 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$972.0K
$850.5K – $1.13M
NOI $68,038 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,011
Businesses Nearby
Explore this area
Business Placement
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building in prime location with recent upgrades and parking.
Where is this office building located?
The property is located at 3733 Eubank Blvd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $717,590.
What are key features of this property?
This property features: Prime Northeast Albuquerque location offering excellent visibility and access.; Features 21 on‑site parking spaces.; Recent roof and HVAC upgrades provide peace of mind.
