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    719 San Mateo Blvd Albuquerque, NM 87108

    For Lease
    $10 SF/Yr ($4,596 /Mo)

    Prime Albuquerque location, 5,467 SF, high traffic.

    Lot size:
    5,467 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    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 Features for 719 San Mateo Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,467 SF
    Total Rate
    4596.84

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    5,467 SF
    Rate per SF
    $10

    HighLights

    • 5,467 SF freestanding office/retail building on a 0.61‑acre lot in Albuquerque, NM.
    • Located at 719 San Mateo Blvd NE, Albuquerque, NM 87108, with high visibility and traffic (28,200+ cars daily).
    • Features 11 offices, 3 conference rooms, and 4 restrooms.
    • Retail frontage on San Mateo Blvd offers excellent branding opportunities.
    • Currently vacant, allowing for immediate occupancy and customization.
    • 4.5:1,000 parking ratio with expansion potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Constance Hyde, RPH Pharmacy Linell A. Thompson, Nurse Nurse Practitioner KACIE LEANNA FISHER Nurse Practitioner Anne-Marie Lehmann, CNM Registered General Nurse KRISTINA TOCCE Obstetrician-Gynecologist

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.5866402
    Latitude
    35.0843919

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Albuquerque location, 5,467 SF, high traffic.
    Where is this office property / space located?
    The property is located at 719 San Mateo Blvd Albuquerque, NM.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 5,467 SF freestanding office/retail building on a 0.61-acre lot in Albuquerque, NM.; Located at 719 San Mateo Blvd NE, Albuquerque, NM 87108, with high visibility and traffic (28,200+ cars daily).; Features 11 offices, 3 conference rooms, and 4 restrooms.
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    719 San Mateo Blvd Albuquerque, NM 87108
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    Albuquerque, NM 87108
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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
    719 San Mateo Blvd Albuquerque, NM 87108
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