Commercial Office
For Sale
$1,585,000
7511 4th Street NW, Albuquerque, NM 87107
Commercial-zoned office property with a flexible interior arrangement in Albuquerque.
Property Size9,600 SF
Price / SF$165.10
Days on Market56
Property Features for 7511 4th Street NW
General Information
Standard status
Active
Size
9,600 SF
Class
B
Property subtype
Office
Building Details
Building Size
9,600 SF
Listed By:
Walt Arnold, CCIM, SIOR · License #NM #9117
(505) 269-9358
Source:
Svn
Added: Aug 13
Changed: Sep 10
Last Checked: Oct 5 at 5:39PM
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 Walt Arnold, CCIM, SIOR
Investment Insights
Based on property information with market context.
This commercial office building contains 9,600 SF of interior space and is identified with Commercial zoning. The property is configured for office use and offers a flexible layout within an established commercial setting.
Located at 7511 4th Street NW in Albuquerque, New Mexico, the property provides a defined office asset for commercial buyers seeking space in the local market.
Located at 7511 4th Street NW in Albuquerque, New Mexico, the property provides a defined office asset for commercial buyers seeking space in the local market.
Key Highlights
- 9,600 SF commercial office property
- Commercial zoning supports office‑oriented use
- Located at 7511 4th Street NW in Albuquerque, NM 87107
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,526
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,550,520
$2.6M
Cap Rate 7%
$1,821,800
$1.8M
Cap Rate 9%
$1,416,956
$1.4M
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$207.4K $21.60/SF
− Vacancy
−$37.3K −$3.89/SF
EGI
$170.0K $17.71/SF
− OpEx
−$42.5K −$4.43/SF
NOI
$127.5K $13.28/SF
Area
Albuquerque, NM
Vacancy
18.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,550,520
Cap Rate 7%
$1,821,800
Cap Rate 9%
$1,416,956
Alternative Uses
Best Use
Office B
$1.82M
$1.59M – $2.13M
NOI $127,526 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,570 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 87107, NM
30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Commercial-zoned office property with a flexible interior arrangement in Albuquerque.
Where is this office building located?
The property is located at 7511 4th Street NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,585,000.
What are key features of this property?
This property features: 9,600 SF commercial office property; Commercial zoning supports office‑oriented use; Located at 7511 4th Street NW in Albuquerque, NM 87107
