Mixed-Use Property with Live-Work
For Sale
$429,000
9511 4th St, Albuquerque, NM 87114
The flexible space accommodates business operations alongside residential use, with potential for offices or storage.
Property Size1,562 SF
Price / SF$274.65
Days on Market32
Property Features for 9511 4th St
General Information
Standard status
Active
Size
1,562 SF
Listing Agency:
Premier Home Team Realtors
Listed By:
David Haemker
(505) 798-6300
Source:
Albuquerquehomefinders
Added: Sep 6
Changed: Oct 1
Last Checked: Oct 5 at 6:59PM
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 Premier Home Team Realtors
Investment Insights
Based on property information with market context.
This mixed-use property combines space for commercial activity with an area that can serve as a residence. The layout also allows for private offices or storage, supporting a range of ways to organize the space.
Located on 4th Street NW, the property has street-facing visibility and potential for signage. Address: 9511 4th Street NW, Albuquerque, NM 87114.
Located on 4th Street NW, the property has street-facing visibility and potential for signage. Address: 9511 4th Street NW, Albuquerque, NM 87114.
Key Highlights
- Mixed‑use configuration supports business and residential use
- Layout can accommodate private offices or storage
- Street‑facing visibility along 4th Street NW
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,557
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,140
$371.1K
Cap Rate 7%
$265,100
$265.1K
Cap Rate 9%
$206,189
$206.2K
Market Conditions
NOI Build-Up for 1,562 SF
Gross rent
$30.9K $19.80/SF
− Vacancy
−$6.2K −$3.96/SF
EGI
$24.7K $15.84/SF
− OpEx
−$6.2K −$3.96/SF
NOI
$18.6K $11.88/SF
Area
ZIP 87114
Vacancy
20.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,140
Cap Rate 7%
$265,100
Cap Rate 9%
$206,189
Alternative Uses
Best Use
Office B
$265.1K
$232.0K – $309.3K
NOI $18,557 @ 7.0% cap · market cap 4.33%
Second Best
Mixed Use
$210.9K
$184.5K – $246.0K
NOI $14,761 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$323.0K
$282.6K – $376.8K
NOI $22,609 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Explore this area
Business Placement
Demographics for 87114, NM
69,402
Population
28,038
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
20.9 sq mi
ZIP Area
3,321
Density / Sq Mi
$81,768
Median Household Income
$48,127
Median Earnings
$1,321
Median Rent
$296,200
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The flexible space accommodates business operations alongside residential use, with potential for offices or storage.
Where is this mixed-use property located?
The property is located at 9511 4th St Albuquerque, NM.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Mixed‑use configuration supports business and residential use; Layout can accommodate private offices or storage; Street‑facing visibility along 4th Street NW
