Office
7520 MONTGOMERY BLVD NE Albuquerque, NM 87109
7520 MONTGOMERY BLVD NE, Albuquerque, NM, 87109
Contact for pricing
For Sale
Contact for pricing
For sale office building offering 6,862 SF, with a recorded status update dated 05/31/2024.
Property Size1,645 SF
Price / SF$241.34
Days on Market100
Property Features for 7520 MONTGOMERY BLVD NE
General Information
- Standard status
- Active
- Size
- 1,645 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing agency
SunVista Commercial Real Estate
Listed by
Clay Azar · License #19038
Source
Crexi
Added: Apr 14 Updated: Jul 22 at 2:29AM Checked: Jul 22 at 2:29AM
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 SunVista Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale office building totals 6,862 SF, providing a dedicated commercial footprint for professional office use. Public remarks also reference a status update dated 05/31/2024.
The property is located at 7520 MONTGOMERY BLVD NE in Albuquerque, NM. Prospective buyers and tenants can review the space layout and condition directly as part of their due diligence.
Additional published details beyond the overall size and the referenced date are not provided in the information available here.
The property is located at 7520 MONTGOMERY BLVD NE in Albuquerque, NM. Prospective buyers and tenants can review the space layout and condition directly as part of their due diligence.
Additional published details beyond the overall size and the referenced date are not provided in the information available here.
Key Highlights
- Office building built in 1982
- 6,862 SF office space for sale
- Recorded status update dated 05/31/2024
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 | $35.5k | $21.60 |
| − Vacancy | −$6.4k | −$3.89 |
| EGI | $29.1k | $17.71 |
| − OpEx | −$7.3k | −$4.43 |
| NOI | $21.9k | $13.28 |
1,645 SF · lease $21.60/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$312.2K
$273.2K – $364.2K
NOI $21,852 @ 7.0% cap · market cap 5.50%
Second Best
Healthcare Medical
$300.6K
$263.0K – $350.7K
NOI $21,041 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$398.0K
$348.2K – $464.3K
NOI $27,857 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quintana ACP Dental
Dental Office
Desert Willow Dental ...
Dental Office
Galbreth Dental
Dental Office
Lewis Donald G ...
Dental Office
Oppel Family Dentistry
Dental Office
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FAQs
What type of property is this?
Office building - For sale office building offering 6,862 SF, with a recorded status update dated 05/31/2024.
Where is this office building located?
The property is located at 7520 MONTGOMERY BLVD NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $397,000.
What are key features of this property?
This property features: Office building built in 1982; 6,862 SF office space for sale; Recorded status update dated 05/31/2024
