Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Eubank Blvd Albuquerque, NM 87123

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Eubank Blvd Albuquerque, NM 87123

    View on Map
    • Office properties & Spaces
    • 25,000 SF
    • 11.02 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 0 Eubank Blvd

    Lot size
    11.02 lot acres
    Property size
    25,000 SF
    Property type
    Office properties & Spaces
    Property subtype
    Land

    Description

    This exceptional 11.02-acre site, located in Albuquerque's prestigious Sandia Science & Technology Park, presents a unique build-to-suit opportunity for industrial, office, laboratory, or manufacturing uses. Zoned NR-BP, this Class A property offers flexible development options ranging from 25,000 to 190,000 square feet, catering to a variety of needs. Its prime location provides unparalleled access to key regional assets. Enjoy a mere two-minute commute to Kirtland Air Force Base and Sandia National Laboratories via the Eubank Gate, enhancing its appeal to defense contractors, aerospace firms, and technology companies. Furthermore, the site boasts exceptional highway accessibility, with I-40 just two minutes away and I-25 a convenient ten-minute drive. For those needing to reach other areas, Santa Fe is approximately 60 minutes away, and Los Lunas is a 35-minute drive. The build-to-suit process, from initial planning to lease execution or contingency removal, is estimated to take 15-20 months. This property represents an unparalleled chance to establish a state-of-the-art facility in a thriving, strategically important location. Secure your future in Albuquerque's dynamic business landscape today. Contact us for pricing and availability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.526
    Latitude
    35.0533

    Comparable in this City

    • Value Estimation by Request
      11.02 Acres

      Eubank Blvd

      Land • 11.02 Acres
      0 Eubank Blvd, Albuquerque, NM 87123
      View Details
    • Value Estimation by Request

      10500 Copper Ave

      Life science properties
      10500 Copper Ave, Albuquerque, NM 87123
      View Details
    • Value Estimation by Request
      270 SF

      133 Eubank Blvd Ne Ste, Unit 11

      CONDOMINIUM OFFICES • 270 SF
      133 Eubank Blvd Ne Ste, Albuquerque, NM 87123-2750
      View Details
    • Value Estimation by Request
      270 SF

      133 Eubank Blvd Ne Ste, Unit 14

      CONDOMINIUM OFFICES • 270 SF
      133 Eubank Blvd Ne Ste, Albuquerque, NM 87123-2750
      View Details
    • Value Estimation
      $865,000
      4,480 SF

      10500 Copper Pointe Way Neb

      CONDOMINIUM OFFICES • 4,480 SF
      10500 Copper Pointe Way Neb, Albuquerque, NM 87123
      View Details
    • Value Estimation
      $2,920,000
      20,828 SF

      10500 Copper Pointe Way Nej

      CONDOMINIUM OFFICES • 20,828 SF
      10500 Copper Pointe Way Nej, Albuquerque, NM 87123
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Industrial Building Near Kirkland AFB

      Tenant-occupied industrial building with six bays near Kirkland AFB.
      9921 Southern Ave SE, Albuquerque, NM 87123
      View Details
    • $350,000
      0.54 Acres

      Prime Albuquerque Commercial Land

      0.54-acre lot, high traffic, MX-H zoning
      109 Juan Tabo Blvd, Albuquerque, NM 87123
      View Details
    • Contact for pricing

      113 Eubank Blvd NE, Albuquerque, NM 87123

      Land
      113 Eubank Blvd NE, Albuquerque, NM 87123
      View Details
    • Contact for pricing

      Land For Sale

      0.79 acre land available for sale.
      12125 Central Ave NE, Albuquerque, NM 87123
      View Details
    • $8,900,000

      Large Vacant Land in Heights

      Large vacant property suitable for industrial or residential development.
      10401 Pocono Rd SE, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      2,000 SF

      Warehouse with Office and Parking

      Warehouse with office space, parking, and convenient highway access.
      9909 Trumbull Ave SE, Albuquerque, NM 87123
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo

      Commercial Land For Lease

      Large commercial land parcel suitable for various business operations.
      114-156 Wyoming Blvd NE, Albuquerque, NM 87123
      View Details
    • $20 SF/Yr
      5,480 SF

      Office Space in Tech Park

      Office space for rent in Sandia Science & Tech Park.
      10421 Research Rd SE, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      3,189 SF

      Office Space Available For Rent

      Office space available for lease in Albuquerque, New Mexico.
      1451 Innovation Pkwy SE, Albuquerque, NM 87123
      View Details
    • Contact for pricing

      Retail/Office Space For Rent

      2,000 SqFt retail or office space available for rent.
      13031 Central Ave, Albuquerque, NM 87123
      View Details
    • Contact for pricing

      Remodeled Flex Space Available

      Flex space with new HVAC and ample power.
      10921 Central Ave NE, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      404 SF

      Updated Office Suites For Rent

      Office suites available in a strong business corridor.
      201 Eubank Blvd NE, Albuquerque, NM 87123
      View Details
    Request Owner's contact information
    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.
    Eubank Blvd
    Albuquerque, NM 87123
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Eubank Blvd, Albuquerque, NM, 87123

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!