Property profile

719 San Mateo NE Blvd Albuquerque, NM 87108

OFF-MARKET
Office buildings
Property ID
US61-0337358
5,500 SF 0.3 ac lot Built 1958
Entity Owned 27-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This freestanding, single-tenant office/retail building in Albuquerque, New Mexico, offers 5,467 square feet of versatile space situated on a 0.61-acre lot. Located at 719 San Mateo Blvd NE, 87108, this one-story building boasts excellent visibility and accessibility, with significant daily traffic volume exceeding 28,200 cars. The property features eleven offices, three conference rooms, and four restrooms, providing ample space for a variety of business needs. The building's retail frontage along San Mateo Blvd offers exceptional branding opportunities with prominent building signage. Currently vacant, this property presents a unique opportunity for immediate occupancy and customization. The existing 4.5:1,000 parking ratio offers convenient parking for occupants and customers, with potential for expansion. The building's traditional office subtype and its location in Bernalillo County make it an attractive investment for businesses seeking a high-traffic, easily accessible location in Albuquerque. The property's adaptable layout allows for repurposing to suit various business models. This is a rare opportunity to acquire a well-located, freestanding building in a thriving Albuquerque market.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1958
Total area 5,500 SF
Lot 0.3 ac (13,199 SF)
APN 1-017-057-528-417-1-22-04
UPID US61-0337358

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Physician
  • Physician
  • Registered General Nurse
  • Physician

Location

719 San Mateo NE Blvd Albuquerque, NM 87108-1434
Albuquerque metro Census 503 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 1999
2 recorded transactions
2025
Price N/A
1999
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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