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    6010 Midway Park Blvd Albuquerque, NM 87109

    Sponsored
    For Sale
    $719,000

    Versatile 4,527 sq ft office/warehouse

    Property size:
    4,527 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Albuquerque commercial property, located at 6010 Midway Park Blvd NE - Suite B, offers a unique blend of office and warehouse space, totaling 4,527 square feet. Priced at $719,000 ($158.82 per square foot), this property presents a compelling investment opportunity. The building, constructed in 1989, is a two-story structure and sits on a lot with a significant advantage: approximately 2,300 square feet of fenced outdoor storage. The interior layout includes approximately 3,951 square feet of office space and 576 square feet of warehouse space, conveniently equipped with a 10' x 14' roll-up door. The property is zoned NR-BP, allowing for a variety of business uses. The current tenant lease expires March 31, 2025, providing potential for immediate occupancy or continued rental income. This property is situated in Bernalillo County, New Mexico, with easy access to major transportation routes. The combination of office and warehouse space, ample outdoor storage, and convenient location makes this an attractive option for businesses seeking a versatile and functional workspace. The asking price reflects a competitive price per square foot in the Albuquerque market. This is a rare opportunity to acquire a well-located and functional commercial property in a thriving area.

    Property Features for 6010 Midway Park Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,527 SF

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    2

    HighLights

    • 4,527± SF Total Building Area
    • 3,951± SF Office Space
    • 576± SF Warehouse Space with 10' x 14' Roll‑Up Door
    • 2,300± SF Fenced Outdoor Storage Area
    • $719,000 Asking Price ($158.82/SF)
    • NR‑BP Zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    High Mesa, a Bowman ... Civil Engineer Seal Co Inc Construction Company

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.60343212894
    Latitude
    35.15026975042

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    FAQs

    What type of property is this?
    Office Property / Space - Versatile 4,527 sq ft office/warehouse
    Where is this office property / space located?
    The property is located at 6010 Midway Park Blvd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $719,000.
    What are key features of this property?
    This property features: 4,527± SF Total Building Area; 3,951± SF Office Space; 576± SF Warehouse Space with 10' x 14' Roll-Up Door
    Request Owner's contact information
    6010 Midway Park Blvd Albuquerque, NM 87109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6010 Midway Park Blvd Albuquerque, NM 87109
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