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Flex Space with Private Yards
New
For Sale
$1,217,200

7900 Lorraine Court NE, Albuquerque, NM 87113

Commercial Sale, Albuquerque, NM

Property SizeContact for details
Lot Size0.10 Acres
Days on Market4

Property Features for 7900 Lorraine Court NE

General Information

Property type Commercial Sale
Property subtype Other
Zoning ABQ City
Parking 6
Directions From I-25, take the Paseo del Norte exit and head west. Turn south onto Jefferson St NE, then west onto El Pueblo Rd NE. Turn onto Lorraine Ct NE and continue to 7900 Lorraine Ct NE, Albuquerque, NM 87113.
Subdivision 100 - North Valley
Standard status Active
APN 101706317347920201AE
Lot size 0.10 Acres

Additional Details

Tenant in Place Yes
Property Use Office/Warehouse

Taxes and HOA fees

Tax Description Unit E Of 7900 Lorraine Court Ne Condominiums Together With An Equal Undivided Interest In The Common Elements
Tax Annual Amount 2798
Legal Description Unit E Of 7900 Lorraine Court Ne Condominiums Together With An Equal Undivided Interest In The Common Elements

Building Details

Floors in Building 2
Listing Agency: Berkshire Hathaway NM Prop · Berkshire Hathaway HomeServices
Listed By: Jacob E Lopez · License #50903
Added: Nov 2 Last Checked: Nov 5 at 12:06PM
MLS# 1113436

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.

Rey
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Investment Insights

Based on property information with market context.

This flex property comprises two adjoining office and warehouse condominium suites offered as a single package. Suite E has an existing NNN tenant, while Suite F is vacant. Both units have office space across two levels, high-ceiling warehouse areas, drive-in doors, heavy 3-phase power, and separate gated, paved yards. The property is zoned ABQ City and occupies a 0.1-acre site.

The location is less than one mile from Paseo del Norte and I-25. Suite E provides current NNN occupancy, and Suite F is available for occupancy or lease. The stated pro forma cap rate for the two-suite investment is 7.56%.

Key Highlights

  • Two adjoining office/warehouse condominium suites offered together
  • Suite E has an in‑place NNN tenant; Suite F is vacant
  • Each suite has a two‑level office, high‑ceiling warehouse, and drive‑in door

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Aerocare Pharmacy Dent Works Auto Repair Shop By the Yard Landscaping J Solar Energy Company Street Custom Body ... Auto Repair Shop

Suggested Use

Top Pick Hair Salon Restaurant Dental Office Parking Lot & Garage Grocery & Convenience Store Nail Salon

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

2
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

982
Businesses Nearby
Balanced
Demand for This Use

Demographics for 87113, NM

16,380
Population
7,155
Households
2.3
Avg Household Size
39
Median Age
52%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
1,099
Density / Sq Mi
$92,083
Median Household Income
$59,641
Median Earnings
$1,581
Median Rent
$362,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Flex space - Two connected suites offer a mix of leased and vacant space for an owner-user or investor.
Where is this flex space located?
The property is located at 7900 Lorraine Court NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,217,200.
What are key features of this property?
This property features: Two adjoining office/warehouse condominium suites offered together; Suite E has an in‑place NNN tenant; Suite F is vacant; Each suite has a two‑level office, high‑ceiling warehouse, and drive‑in door
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