Remodeled Two-Story Live-Work
For Sale
Contact for pricing
925 6th St #8 NW, Albuquerque, NM 87102
MX-L zoning creates live/work possibilities within a recently remodeled loft property near downtown amenities.
Property Size756 SF
Price / SF$0.02
Days on Market257
Property Features for 925 6th St #8 NW
General Information
Standard status
Active
Size
756 SF
Property subtype
Office
Zoning
MX-L
Lease Type
NNN
Amenities
Power
Water
Sewer
Natural Gas
Building Details
Stories
2
Listing Agency:
Absolute Investment Realty
Listed By:
Rita Cordova · License #50862
(505) 489-8538
Source:
Carnm.resimplifi
Added: Feb 1
Changed: Oct 15
Last Checked: Oct 14 at 7:46PM
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 Absolute Investment Realty
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Investment Insights
Based on property information with market context.
This two-story loft property at 925 6th St, #8 NW offers a compact setting for combined residential and professional use. Recent remodeling provides an updated interior, while the loft configuration gives the space a distinctive vertical layout. MX-L zoning supports live/work possibilities for a range of smaller professional operations.
The property is in downtown Albuquerque, near courts, restaurants, art galleries, and nightlife. Its central setting places daily services and entertainment within the surrounding downtown environment.
The property is in downtown Albuquerque, near courts, restaurants, art galleries, and nightlife. Its central setting places daily services and entertainment within the surrounding downtown environment.
Key Highlights
- Recently remodeled two‑story loft property
- MX‑L mixed‑use zoning
- Live/work use possibilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,185
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,700
$183.7K
Cap Rate 7%
$131,214
$131.2K
Cap Rate 9%
$102,056
$102.1K
Market Conditions
NOI Build-Up for 756 SF
Gross rent
$16.3K $21.60/SF
− Vacancy
−$1.6K −$2.16/SF
EGI
$14.7K $19.44/SF
− OpEx
−$5.5K −$7.29/SF
NOI
$9.2K $12.15/SF
Area
Albuquerque, NM
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,700
Cap Rate 7%
$131,214
Cap Rate 9%
$102,056
Alternative Uses
Best Use
Office B
$143.5K
$125.5K – $167.4K
NOI $10,043 @ 7.0% cap · market cap 63,282.92%
Second Best
Mixed Use
$131.2K
$114.8K – $153.1K
NOI $9,185 @ 7.0% cap · market cap 57,876.50%
Theoretical Best
Office A
$182.9K
$160.0K – $213.4K
NOI $12,802 @ 7.0% cap · market cap 80,667.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,417
Businesses Nearby
Explore this area
Business Placement
Demographics for 87102, NM
20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Live-work space - MX-L zoning creates live/work possibilities within a recently remodeled loft property near downtown amenities.
Where is this live-work space located?
The property is located at 925 6th St #8 NW Albuquerque, NM.
What are key features of this property?
This property features: Recently remodeled two‑story loft property; MX‑L mixed‑use zoning; Live/work use possibilities
