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Two-Suite Specialty Property
New
For Lease
$2,100/Mo

3848 Rio Grande Boulevard NW, Albuquerque, NM 87107

CommercialLease, Albuquerque, NM

Space SizeContact for details
Lot Size0.21 Acres
Days on Market5

Property Features for 3848 Rio Grande Boulevard NW

General Information

Property type Commercial Lease
Property subtype Other
Zoning description MX-M
Parking 11
Parking features Parking Lot
Directions Property is located on the SE corner of Rio Grande Blvd NW and Griegos Rd NW
Standard status Active
APN 101306117719530807
Size 1,000 SF
Lot size 0.21 Acres

Additional Details

Corner Location Yes

Taxes and HOA fees

Tax Description Mrgcd Map 31 Tr 134A1 Exc Por To R/W Griegos Rd Nw Cont 0.21 9 Ac
Legal Description Mrgcd Map 31 Tr 134A1 Exc Por To R/W Griegos Rd Nw Cont 0.21 9 Ac

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating), Natural Gas
Cooling system Ductless
Water source Public

Amenities

private bathroom
on-site parking

Building Details

Year built 1961
Flooring type Tile
Building materials Frame, Stucco
Roof type Flat
Listing Agency: Keller Williams Realty
Listed By: Lisa Godin · License #51239
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 27 at 2:06AM
MLS# 202604540

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1,000-square-foot commercial property contains two vacant suites, each with its own bathroom. The spaces may be occupied separately or combined. Built in 1961, the building has frame and stucco construction, tile flooring, ductless cooling, and natural gas and ductless heating. Public water and sewer serve the property, and a parking lot is on site.

The 0.21-acre parcel is at the intersection of Rio Grande Boulevard and Griegos Road in Albuquerque, near Rio Grande Shops at Flying Star Plaza. The property is zoned MX-M for mixed use; potential uses remain subject to applicable requirements and approvals.

Key Highlights

  • Two vacant suites can be leased separately or together
  • Each suite has a private bathroom
  • 1,000 square feet on a 0.21‑acre parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Strike a Pose Photo ... Photography Service Pranaya Beauty Hair Salon E P I-Pet Pet Grooming Service

Suggested Use

Top Pick Dental Office Law Firm Restaurant Building Supply Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Specialty property - Two vacant suites, each with a private bathroom, can be leased separately or together.
Where is this specialty property located?
The property is located at 3848 Rio Grande Boulevard NW Albuquerque, NM.
What is the lease rate?
The lease rate is $2,100/Mo.
What are key features of this property?
This property features: Two vacant suites can be leased separately or together; Each suite has a private bathroom; 1,000 square feet on a 0.21‑acre parcel
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