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    101 Sun Ave Albuquerque, NM 87109

    Sponsored
    For Sale
    $2,778,000

    12,078 SF Creative Office, Vacant

    Property size:
    12,078 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,078-square-foot Class-A creative office building in Albuquerque, New Mexico, presents a unique owner-user opportunity. Located at 101 Sun Ave NE, 87109, this single-story, 1995-built property boasts a desirable location within the Journal Center, offering convenient access to Paseo del Norte and I-25. A 2015 renovation ensures modern, beautiful finishes throughout. The open, collaborative layout includes large conference and training rooms, an additional conference room with a coffee bar and gas fireplace, and a break room. The building features multiple access points, a TPO and metal roof, and ample parking (3.2:1,000 ratio). Situated on a 1.32-acre lot, this property is zoned NR-BP and offers a prestigious, campus-like environment with lush grounds. The asking price is $2,778,000 ($230/SF). A property video is available online.

    Property Features for 101 Sun Ave

    General Information

    Property type
    Office space
    Square Feet
    12,078 SF
    Class
    A
    Lot Size
    57,499 SF

    Building Details

    Year Built/Renovated
    1995/2015
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 12,078 SF Class‑A creative office building in Albuquerque, NM.
    • Located at 101 Sun Ave NE, 87109, in the Journal Center, with easy access to Paseo del Norte and I‑25.
    • Single‑story building, constructed in 1995, renovated in 2015 with modern finishes.
    • Features open layout, large conference rooms, training rooms, and a break room with coffee bar and fireplace.
    • Multiple access points, TPO/metal roof, and ample parking (3.2/1000).
    • 1.32‑acre lot, NR‑BP zoning, prestigious campus‑like setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Deborah Campbell, PT Physical Therapy Clinic Sundance Rehabilitation Center Pharmacy CareerStaff Unlimited - Albuquerque Nursing Agency Career Staff Unlimited Temp Agency Sun Healthcare Group Marketing Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -106.58802566133
    Latitude
    35.166044016555

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    FAQs

    What type of property is this?
    Office space - 12,078 SF Creative Office, Vacant
    Where is this office space located?
    The property is located at 101 Sun Ave Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $2,778,000.
    What are key features of this property?
    This property features: 12,078 SF Class-A creative office building in Albuquerque, NM.; Located at 101 Sun Ave NE, 87109, in the Journal Center, with easy access to Paseo del Norte and I-25.; Single-story building, constructed in 1995, renovated in 2015 with modern finishes.
    Request Owner's contact information
    101 Sun Ave Albuquerque, NM 87109
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    Albuquerque, NM 87109
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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
    101 Sun Ave Albuquerque, NM 87109
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