Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    121 Tijeras Ave Albuquerque, NM 87102

    Sponsored
    For Lease
    $11 SF/Yr

    Prime Office Space, Abundant Parking

    Lot size:
    41,565 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Downtown Albuquerque office property offers 6,351 square feet of immediately available space, divisible into units ranging from 1,070 to 5,281 square feet. Located in the vibrant heart of the city, this Class C building boasts a total of 41,565 square feet across three single-story buildings situated on a 2.19-acre lot. Built in 1930 and renovated in 1984, the property benefits from on-site security and a significant advantage in the competitive Downtown market: 150 parking spaces. The flexible layout allows for multiple tenancy options, with two currently available suites on the third floor that can be combined. The SU-3 zoning provides versatility for various business types. The property's convenient location and ample parking make it an ideal choice for businesses seeking a prominent Downtown Albuquerque address. The property identification number (APN) is 101405732447713402, located in Bernalillo County. This is a rare opportunity to secure high-quality office space in a sought-after submarket. Don't miss this chance to establish your business in a thriving urban environment.

    Property Features for 121 Tijeras Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,565 SF
    Class
    C
    Total Rate
    39833.13

    Building Details

    Year Built/Renovated
    1930/1984
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Floor 3, Suite 3100
    Size
    5,281 SF
    Rate per SF
    $15
    Space
    Floor 3, Suite 3500
    Size
    1,070 SF
    Rate per SF
    $15

    HighLights

    • Class C office building totaling 41,565 square feet.
    • Three single‑story buildings on a 2.19‑acre lot in Downtown Albuquerque.
    • Multiple tenancies available, with suites ranging from 1,070 to 5,281 contiguous square feet.
    • Currently, 6,351 square feet of vacant space is available.
    • Built in 1930, renovated in 1984, with 150 parking spaces and SU‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chestnut Peter C Attorney Rodgers Ann B Lawyer Foster Grandparent Services City Government Office NM Office of Natural ... State Government Office Route 66 DeAnza ... Association Or Organization

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6463199
    Latitude
    35.0857621

    Nearby Similar for Lease

    • $9,000 /Mo
      21,344 SF

      Versatile Commercial Space, Albuquerque

      Adaptable commercial space suitable for warehouse, retail, office, or more.
      221 Broadway Blvd SE, Albuquerque, NM 87102
      View Details
    • $13,000 /Mo
      43,560 SF

      Versatile Commercial Space in Albuquerque

      16000 sq ft space ideal for office or retail.
      2200 Eubank Blvd NE, Albuquerque, NM 87112
      View Details
    • $2,800 /Mo
      13,068 SF

      Free-Standing Commercial Building For Lease

      Versatile commercial building suitable for various small business uses.
      3915 4Th St NW, Albuquerque, NM 87107
      View Details
    • $1,160 /Mo
      17,860 SF

      Albuquerque Office Space For Rent

      Office space for rent in a friendly Albuquerque building.
      1101 Cardenas Dr NE, Albuquerque, NM 87110
      View Details
    • $2,000 /Mo
      33,977 SF

      Albuquerque Commercial Property For Rent

      High-traffic commercial property suitable for retail, automotive, or storage.
      9612 Central Ave SE, Albuquerque, NM 87123
      View Details
    • $1,785 /Mo
      3,049 SF

      Office Space in Albuquerque, NM

      Move-in ready office suites available for lease in Albuquerque.
      3007 Louisiana Blvd NE, Albuquerque, NM 87110
      View Details
    • $1,400 /Mo
      4,356 SF

      Albuquerque Office Space For Lease

      Office space available for lease on high-traffic street.
      1417 Carlisle Blvd NE, Albuquerque, NM 87110
      View Details
    • $975 /Mo
      69,696 SF

      Retail Space in Los Ranchos

      Move-in ready retail spaces in walkable Los Ranchos location.
      350 Osuna Rd NW, Los Ranchos, NM 87107
      View Details
    • $1,800 /Mo
      69,696 SF

      Retail Space in Los Ranchos

      Move-in ready retail spaces in walkable Los Ranchos location.
      350 Osuna Rd NW, Los Ranchos, NM 87107
      View Details
    • $12,500 /Mo
      50,094 SF

      Albuquerque Industrial Space For Lease

      Functional industrial property in Albuquerque's Sawmill District, available immediately.
      1501 12Th St NW, Albuquerque, NM 87104
      View Details
    • $1,500 /Mo
      12,632 SF

      Albuquerque Office Space For Rent

      Four private offices available with utilities and internet included.
      608 Chama St NE, Albuquerque, NM 87108
      View Details
    • New
      $500 /Mo
      6,534 SF

      Albuquerque Office Space For Rent

      Spacious office suite with city views in iconic building.
      900 Park Ave SW, Albuquerque, NM 87102
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, Abundant Parking
    Where is this office property / space located?
    The property is located at 121 Tijeras Ave Albuquerque, NM.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Class C office building totaling 41,565 square feet.; Three single-story buildings on a 2.19-acre lot in Downtown Albuquerque.; Multiple tenancies available, with suites ranging from 1,070 to 5,281 contiguous square feet.
    Request Owner's contact information
    121 Tijeras Ave Albuquerque, NM 87102
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    121 Tijeras Ave
    Albuquerque, NM 87102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    121 Tijeras Ave Albuquerque, NM 87102
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.