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Turnkey Medical/Dental Office Condo

4801 McMahon Boulevard Northwest Albuquerque, NM 87114

4801 McMahon Boulevard Northwest, Albuquerque, NM, 87114
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Turnkey medical/dental office condo in Northwest Albuquerque corridor for sale.

Property Size2,324 SF
Price / SF$214.72
AddedMay 18
Days on Market59
Last RefreshJul 2 at 6:54 am

Property Features for 4801 McMahon Boulevard Northwest

General Information

Standard status
Active
Size
2,324 SF
Property subtype
Mixed Use

Building Details

Year Built
1990

Listing office Allen Sigmon Real Estate Group

Listing date May 18, 2026

Source Crexi

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 Allen Sigmon Real Estate Group


Investment Insights

Based on property information with market context.

A ±2,324 SF turnkey medical/dental office condo is available for sale in the Northwest Albuquerque corridor. Located within West Mesa Professional Center near McMahon Blvd & Golf Course Rd, this suite offers a functional layout suitable for medical, dental, oral surgery, specialty practice, or other healthcare users. The space includes 2 consult rooms, 2 operating rooms, an X-Ray room, a reception/waiting area, a lab & sterilization area, a private office, and a breakroom. The property is situated within a professionally maintained condo association and benefits from accessibility, strong surrounding demographics, and proximity to major retailers, residential growth, and Lovelace Westside Hospital.

Key Highlights

  • Turnkey medical/dental office condo, ready for immediate use.
  • Highly functional ±2,324 SF layout ideal for various healthcare practices.
  • Includes specialized rooms: 2 Operating Rooms, X‑Ray Room, Lab & Sterilization Area.

Local 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 $46.0k $19.80
− Vacancy −$9.2k −$3.96
EGI $36.8k $15.84
− OpEx −$9.2k −$3.96
NOI $27.6k $11.88
2,324 SF · lease $19.80/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$394.4K
$345.1K – $460.2K (±1% cap)
NOI $27,609 @ 7.0% cap · market cap 5.53%
Second Best
Healthcare Medical
$333.5K
$291.8K – $389.0K (±1% cap)
NOI $23,342 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$480.6K
$420.5K – $560.7K (±1% cap)
NOI $33,639 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

West Mesa Oral ... Dental Office Cardiac Care Consultants ... Medical Clinic Lovelace Westside Cardiology Medical Clinic Stephen H. Christiansen, ... Dental Office Katy J. Watson, ... Physician

Suggested Use

Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Dental Office Auto Parts Store Spa & Massage Center Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Pet Partners — 5747 Calle Perro NW, Albuquerque, NM 87114
  • VCA Ventana Animal Hospital — 5747 Calle Perro NW, Albuquerque, NM 87114

FAQs

What type of property is this?
Medical Office Space - Turnkey medical/dental office condo in Northwest Albuquerque corridor for sale.
Where is this medical office space located?
The property is located at 4801 McMahon Boulevard Northwest Albuquerque, NM.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Turnkey medical/dental office condo, ready for immediate use.; Highly functional ±2,324 SF layout ideal for various healthcare practices.; Includes specialized rooms: **2 Operating Rooms, X‑Ray Room, Lab & Sterilization Area.**
Contact an agent
(505) 884-4699 Call to check price and availability
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