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Medical Office Condo For Sale
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3917 W Rd, Los Alamos, NM 87544

Fully leased medical office condo located in Los Alamos, NM.

Property Size3,100 SF
Price / SF$296.77
Days on Market792

Property Features for 3917 W Rd

General Information

Standard status Active
Size 3,100 SF
Property subtype Office
Zoning GC
Listing Agency: Colliers - Albuquerque, New Mexico
Listed By: Jyl DeHaven · License #REC20220940
Source: Crexi
Added: Jun 11, 2024 Changed: Aug 8 Last Checked: Aug 8 at 11:52AM

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 Colliers - Albuquerque, New Mexico

Investment Insights

Based on property information with market context.

This is a fully leased, 3,100 square foot medical office condominium located in Los Alamos, New Mexico. The property is situated within the Los Alamos Medical Center, which is the only hospital in Los Alamos county and a major healthcare provider for Northern New Mexico. The property is on a 30 year ground lease with approximately 4 years of term remaining and one 15 year option. The building is fully occupied and offers abundant free parking for employees and pedestrians. There is high medical office demand with 90% occupancy in Los Alamos. Additional potential investment opportunities may exist in adjacent condos.

Key Highlights

  • Fully leased medical office condominium
  • Located within the Los Alamos Medical Center
  • High medical office demand area with 90% occupancy

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Law Firm Nail Salon Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87544, NM

13,548
Population
6,378
Households
2.1
Avg Household Size
40
Median Age
67%
College-Educated
98%
High-School Grad
133.0 sq mi
ZIP Area
102
Density / Sq Mi
$135,108
Median Household Income
$84,990
Median Earnings
$1,305
Median Rent
$444,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully leased medical office condo located in Los Alamos, NM.
Where is this medical office space located?
The property is located at 3917 W Rd Los Alamos, NM.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Fully leased medical office condominium; Located within the Los Alamos Medical Center; High medical office demand area with 90% occupancy
More about this property
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