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Flex Space with Overhead Door
For Lease
$2,900/Mo

637 Broadway Boulevard SE, Albuquerque, NM 87102

CommercialLease, Albuquerque, NM

Space SizeContact for details
Lot Size0.10 Acres
Days on Market53

Property Features for 637 Broadway Boulevard SE

General Information

Property type Commercial Lease
Property subtype Other
Zoning description MX-L*
Parking 2
Directions 1-25 South To Central. West On Central To Broadway. South To Property On The West Hand Side Of The Road.
Subdivision 80 - Downtown Area
Standard status Active
APN 101405733015431731
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 4400

Utilities

Heating system Forced Air, Central

Building Details

Floors in Building 1
Building materials Frame, Stucco
Listing Agency: Keller Williams Realty
Listed By: Anne M Vallejos · License #41997
Added: Jul 24 Changed: Sep 12 Last Checked: Sep 14 at 9:06PM
MLS# 1107977

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 637 Broadway Boulevard SE, this flex-space property combines a predominantly open warehouse area with bathrooms, a private entry, and a large overhead door. Frame and stucco construction support the building’s commercial configuration.

The property is zoned MX-L in Albuquerque, with stated use potential for retail, live performances, and production operations. The tenant is responsible for lease payments and utilities.

Key Highlights

  • MX‑L zoning supports retail, live performance, and production uses
  • Predominantly open warehouse layout
  • Large overhead door for access to the space

Property Analytics

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Open Analytics

Current Use

Shockwave Defense™ Training Center The garden at Galileo Take-out & Catering SAV'S SMOKES LLC (Bike/Boat/Book/etc) Store Octavio's Painting Company Painting Service Galileo Cannabis LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Dental Office Locksmith Grocery & Convenience Store Home Appliance Store Pet Grooming Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,427
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$12.29 /SF/Yr
Avg Asking Price
$8–$18.18 /SF/Yr
Price Range
28,210 SF
Avg Space Size

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - MX-L-zoned space includes open warehouse area, bathrooms, and a private entrance.
Where is this flex space located?
The property is located at 637 Broadway Boulevard SE Albuquerque, NM.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: MX‑L zoning supports retail, live performance, and production uses; Predominantly open warehouse layout; Large overhead door for access to the space
More about this property
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