Cutler Avenue Office Building For
For Sale
Contact for pricing
4110 Cutler Ave NE, Albuquerque, NM
Office building with electronic billboards and seller financing available.
Property Size17,936 SF
Lot Size0.90 Acres
Price / SF$167.26
Days on Market466
Property Features for 4110 Cutler Ave NE
General Information
Standard status
Active
Size
17,936 SF
Lot size
0.90 Acres
Property subtype
OFFICE
Listing Agency:
Absolute Investment Realty
(505) 730-7395
Listed By:
Consuelo (Conni) DeYoung · License #17866
(505) 730-7395
Source:
Moodyscre
Added: Apr 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:32AM
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 Absolute Investment Realty
Investment Insights
Based on property information with market context.
The property is located on Cutler Avenue NE with visibility from I-40 East and West. The building features attached electronic billboards, one facing east and the other west. The property is gated. Whitener Law Firm currently leases the second floor. The first floor is available for a new owner or tenant. Seller financing is available, amortized over 10 years at below current interest rates. The building has a property size of 17936 square feet.
Key Highlights
- High visibility location on Cutler Ave with I‑40 East and West exposure.
- Attached electronic billboards facing east and west.**
- Seller financing available, amortized over 10 years at below current interest rates.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $387.4k | $21.60 |
| − Vacancy | −$69.7k | −$3.89 |
| EGI | $317.7k | $17.71 |
| − OpEx | −$79.4k | −$4.43 |
| NOI | $238.3k | $13.28 |
17,936 SF · lease $21.60/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.40M
$2.98M – $3.97M
NOI $238,262 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.34M
$3.80M – $5.06M
NOI $303,735 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,193
Businesses Nearby
Explore this area
Business Placement
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 with electronic billboards and seller financing available.
Where is this office building located?
The property is located at 4110 Cutler Ave NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: High visibility location on Cutler Ave with I‑40 East and West exposure.; Attached electronic billboards facing east and west.**; Seller financing available, amortized over 10 years at below current interest rates.
