3700 Ellison Dr Albuquerque, NM 87114
This exceptional Albuquerque commercial property, located at 3700 Ellison Dr NW, offers a unique investment opportunity in a thriving business park. The single-story, Class A building boasts a total of 43,282 square feet, encompassing five suites with a minimum divisible space of 4,681 square feet. Currently, the building features a mix of restaurant and retail tenants, creating a vibrant and synergistic environment. The property underwent a complete renovation in 2018, ensuring modern and efficient spaces for potential occupants. Ample parking is available with 272 spaces provided for patrons and employees. The building is conveniently located near Alameda, in Bernalillo County, with easy access to major transportation routes. The zoning designation is NR-BP (Non-residential business park), allowing for a variety of commercial uses. The property benefits from three-phase 120/208Y power. While elevators are not present, the single-story design ensures easy accessibility. Two spaces are currently available, ranging in size from 4,681 to 18,375 square feet, providing flexibility for various business needs. The property's strong tenant base, including established businesses like The Salt Yard and Cheba Hut, and its proximity to numerous national tenants, ensures a high-traffic location with significant visibility. This is an ideal opportunity for investors seeking a well-maintained, strategically located commercial property in Albuquerque, New Mexico, zip code 87114.
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Tafoya Farms Dispensary (Bike/Boat/Book/etc) Store
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Street Food Sensations Restaurant
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Filling Philly's Westside Restaurant
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High Level Vista Event Center Hotel & Motel Resort
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The Salt Yard - West Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.