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    317 Commercial St Albuquerque, NM 87102

    Sponsored
    For Lease
    Contact for pricing

    Prime Albuquerque Office, 1,465 sq ft Available

    Lot size:
    1,465 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Albuquerque office space, located at 317 Commercial St NE, offers a total of 1,465 square feet of traditional office space currently available for lease. The property, known as The Verge Building, is situated in Bernalillo County, New Mexico, and boasts a convenient location with zip code 87102. The entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to customize their individual spaces within the 1,465 square foot building. The flexible layout allows for various configurations to suit diverse business needs, accommodating office spaces ranging from 100 to 200 square feet. The property is classified as a traditional office building, offering a classic and functional workspace. Ample free on-site parking is provided for the convenience of tenants and their clients. This presents a rare chance to secure a fully vacant, well-located office building in a desirable Albuquerque neighborhood. The property's address is easily accessible, offering excellent visibility and convenient access to local amenities and transportation routes. This is an ideal opportunity for businesses seeking a move-in ready space in a prime Albuquerque location. The building's total square footage is 1,465 square feet, with all of it currently available. Contact us today to learn more about leasing this exceptional property.

    Property Features for 317 Commercial St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,465 SF

    Unit(s) available at that property

    Space
    Shares Work Space 2nd Floor
    Size
    200 SF

    HighLights

    • 1,465 SF of traditional office space available for lease in Albuquerque's innovation corridor.
    • Eco‑friendly building with solar power.
    • Ample free on‑site parking.
    • Building conference rooms included at no extra cost.
    • Modern, contemporary buildout.
    • High‑speed internet included in rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Blackgarden Law Law Firm Next State Systems Engineering Consultant Clemons & Company, LLC Bookkeeping Service Verge Professional Services GoRoadWorthy Leasing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.646124
    Latitude
    35.0862824

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Albuquerque Office, 1,465 sq ft Available
    Where is this office property / space located?
    The property is located at 317 Commercial St Albuquerque, NM.
    What are key features of this property?
    This property features: 1,465 SF of traditional office space available for lease in Albuquerque's innovation corridor.; Eco-friendly building with solar power.; Ample free on-site parking.
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    317 Commercial St Albuquerque, NM 87102
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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
    317 Commercial St Albuquerque, NM 87102
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