5113 Lomas Blvd NE, Albuquerque, NM
Two buildings on a corner lot with fenced parking.
- Added:
- May 14, 2025
- Days on Market:
- 398
- Last Refresh:
- May 20 at 8:10 pm
Property Features for 5113 Lomas Blvd NE
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 0.39 Acres
- Property subtype
- RETAIL
Listing agent James V Pitts License #20825 (505) 280-4780
Listing office BHHS - New Mexico Properties | Albuquerque (505) 280-4780
Listing date May 14, 2025
Source Moodyscre
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 BHHS - New Mexico Properties | Albuquerque
HighLights
- High visibility location on a .56 acre corner lot.
- High traffic count ensures exposure.
- Fenced and paved parking available.
- Approximately 4800sf total, offering ample space.
- Two 2400sf buildings.
Overview
Local Financial Insights For Retail
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 | $106.6k | $22.20 |
| − Vacancy | −$8.0k | −$1.67 |
| EGI | $98.6k | $20.54 |
| − OpEx | −$29.6k | −$6.16 |
| NOI | $69.0k | $14.37 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Live Flowers by Ansely The Flower Guy — 1101 Cardenas Dr NE #102, Albuquerque, NM 87110
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.588
- Latitude
- 35.0878
