1503 University NE Blvd Albuquerque, NM 87102-1708

Property Details for 1503 University NE Blvd

Year built

1987

Lot size

0.85 lot acres

Property size

8,648 SF

Property type

Office buildings

APN

1-015-058-310-438-1-03-09

APU

101505831043810309

Description

This exceptional single-story, Class B medical office building presents a compelling investment opportunity in Albuquerque, New Mexico. Located at 1503 University Blvd NE, this 8,648 square foot property boasts a superb location near "The Big I" and the University of New Mexico, ensuring high visibility and convenient access. The building features 30 individual offices, a spacious training room, and a welcoming courtyard, providing ample space for a variety of medical practices. With a generous 0.85-acre lot, the property offers 51 parking spaces, a desirable 5.8 spaces per 1,000 square feet ratio. The building is zoned NR-C, making it ideally suited for medical uses. The asking price is $1,081,000, translating to $125 per square foot. This represents a strong value proposition in a thriving Albuquerque market, offering significant potential for return on investment. The property's prime location, ample parking, and versatile layout make it an attractive option for medical professionals seeking a well-established and easily accessible facility. This is a rare opportunity to acquire a well-maintained, functional medical office building in a highly desirable area.

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Longitude

-106.629

Latitude

35.0995

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments