Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Campus Albuquerque, NM 87106

    Property Lookup

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

    Campus Albuquerque, NM 87106

    View on Map
    • Retail properties & Spaces
    • 68.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Campus

    Lot size
    68.00 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.617
    Latitude
    35.073

    Comparable in this City

    • Value Estimation by Request
      1.26 Acres

      Se & Gibson Blvd

      Land • 1.26 Acres
      0 Se & Gibson Blvd, Albuquerque, NM 87106
      View Details
    • Value Estimation by Request
      1.32 Acres

      1701 Randolph Ct

      Land • 1.32 Acres
      1701 Randolph Ct, Albuquerque, NM 87106
      View Details
    • Value Estimation by Request
      1 SF

      Se & Gibson Blvd

      Land • 1 SF
      0 Se & Gibson Blvd, Albuquerque, NM 87106
      View Details
    • Value Estimation by Request
      0.29 Acres

      Buena Vista Dr

      Land • 0.29 Acres
      0 Buena Vista Dr, Albuquerque, NM 87106
      View Details
    • Value Estimation by Request
      0.42 Acres

      1835 Lomas Blvd

      Land • 0.42 Acres
      1835 Lomas Blvd, Albuquerque, NM 87106
      View Details
    • Value Estimation by Request
      51.86 Acres

      Crick Ave

      Land • 51.86 Acres
      0 Crick Ave, Albuquerque, NM 87106
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      68.00 Acres

      Lobo Sports & Tech District Land

      68 Acres Mixed-Use Development Land in Albuquerque, NM
      0 ±68 Acre Mixed-Use Lifestyle Ctr, Albuquerque, NM 87106
      View Details
    • Contact for pricing

      Land Available at University Campus

      Land parcels available for purchase near the University of New Mexico.
      South Campus, Albuquerque, NM 87106
      View Details
    • Contact for pricing

      Land with Skyline Views

      Land available with views of the Albuquerque skyline.
      1701 Randolph Ct SE, Albuquerque, NM 87106
      View Details
    • Contact for pricing

      Albuquerque Retail Development Opportunity

      Development opportunity near downtown Albuquerque, the Sunport, and UNM.
      I-25 & Gibson Blvd, Albuquerque, NM 87106
      View Details
    • $229,000
      0.16 Acres

      Vacant Land in Nob Hill

      Prime .163-acre lot in University Heights Addition, Albuquerque.
      207 Richmond Dr SE, Albuquerque, NM 87106
      View Details
    • Contact for pricing
      13,144 SF

      Central Avenue Retail Space Available

      Retail space with high visibility and reserved parking spaces.
      1606 Central Ave SE, Albuquerque, NM 87106
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,240 SF

      Restaurant/Bar Space with Patio

      Restaurant or bar space available for rent with patio.
      1350 Sunport Pl SE, Albuquerque, NM 87106
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 425 to 1,690 SqFt.
      3408 Central Ave SE, Albuquerque, NM 87106
      View Details
    • $24 SF/Yr
      4,900 SF

      Mixed-Use Retail and Restaurant Space

      Eclectic retail and restaurant spaces near the University of New Mexico.
      122 Yale Blvd SE, Albuquerque, NM 87106
      View Details
    • Contact for pricing
      1,103 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 1103 square feet.
      122 Tulane Dr Southeast, Albuquerque, NM 87106
      View Details
    • Contact for pricing

      Existing Tire Shop For Sale

      Operating tire shop with development potential in Albuquerque, New Mexico.
      501 Yale Blvd SE, Albuquerque, NM 87106
      View Details
    • Contact for pricing
      2,232 SF

      Freestanding Retail Building with Drive-Thru

      2,232 SF freestanding retail building with three drive-thru lanes.
      1418 Carlisle Blvd NE, Albuquerque, NM 87106
      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.
    Campus
    Albuquerque, NM 87106
    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

    Campus, Albuquerque, NM, 87106

    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!