3001 Louisiana NE Blvd Albuquerque, NM 87110-2734
- Office buildings
- 1,618 SF
- 0.07 lot acres
Current Use by Public Records
- Retirement Consultants Ltd / Insurance Agency
Property Details for 3001 Louisiana NE Blvd
- Year built
- 1985
- Lot size
- 0.07 lot acres
- Property size
- 1,618 SF
- Property type
- Office buildings
- APN
- 1-018-060-515-006-4-10-02
- APU
- 101806051500641002
Description
This fee-simple executive office condo, located at 3001 Louisiana Blvd NE in Albuquerque, New Mexico, 87110, presents a unique investment opportunity. The 1,580-square-foot space, built in 1985, is currently vacant and available for sale at $235,000 ($148.73/sq ft). The property boasts a desirable corner location with prominent monument signage, offering excellent visibility. Features include ample natural light from bay windows, three bathrooms, a coved ceiling with upgraded tiles, French doors, a wet bar equipped with a refrigerator and dishwasher, stained-glass doors, and a fireplace. The layout comprises one large office and two smaller offices, providing flexibility for various business needs. Two covered parking spaces are also included. Recent repairs have addressed plumbing issues and damage to the lower level, including new carpeting in one office and new bathroom flooring. While showings are currently limited due to ongoing repairs, access can be arranged. This Class C office condo offers easy access to Uptown Albuquerque and I-40. The property is also available for lease.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $280,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $380,000
- 6.5%
- $355,000
- 7%
- $330,000
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Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.569
- Latitude
- 35.1166
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
