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Financial
Distress signals
Property profile

1020 Tijeras Ave NE Albuquerque, NM 87106

FOR SALE
Medical Office Space
Property ID
US61-0121665
11,978 SF 0.49 ac lot Built 1973
Last sale Mar 2010
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1020 Tijeras Ave NE, Albuquerque, NM 87106 For Sale 1 / 7
$2,190,000 11,978 SF
1020 Tijeras Ave NE, Albuquerque, NM 87106
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$217k
Assessed land$27k
Assessed improvement$190k
Effective rate4.80%

Value estimate

· Oct 2026
$385k
$347k – $424k
AI approach$385k
NOI build-up
Gross scheduled income$276k
Vacancy & credit loss−$50k
Operating expenses−$57k
NOI · 7.74% cap applied$170k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.74%
$170k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERNALILLO

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.7
Nail Salon10.4
Auto Parts Store10.3

Location

1020 Tijeras Ave NE Albuquerque, NM 87106
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $525,000
    12,223 SF
    1001 Dr Martin Luther King Jr NE Ave
    MEDICAL BUILDING
    1001 Dr Martin Luther King Jr NE Ave, Albuquerque, NM 87106-4713
    View Details
  • Value Estimation
    $405,000
    12,408 SF
    200 Oak NE St
    MEDICAL BUILDING
    200 Oak NE St, Albuquerque, NM 87106-4740
    View Details
  • Value Estimation
    $500,000
    12,625 SF
    415 Cedar SE St
    MEDICAL BUILDING
    415 Cedar SE St, Albuquerque, NM 87106-3927
    View Details
  • Value Estimation
    $515,000
    13,622 SF
    1001 Coal SE Ave
    MEDICAL BUILDING
    1001 Coal SE Ave, Albuquerque, NM 87106-5205
    View Details
  • Value Estimation
    $535,000
    15,891 SF
    1100 Lead SE Ave
    MEDICAL BUILDING
    1100 Lead SE Ave, Albuquerque, NM 87106-5215
    View Details
  • Value Estimation
    $350,000
    7,499 SF
    1010 Lead SE Ave
    MEDICAL BUILDING
    1010 Lead SE Ave, Albuquerque, NM 87106-5214
    View Details

Similar in This City for Sale

  • $2,848,000
    11,900 SF
    Freestanding Medical Office Building
    Corporate occupational-health tenancy, NN lease structure, and renewal options support a specialized healthcare property profile.
    3811 Commons Ave NE, Albuquerque, NM 87109
    View Details
  • Contact for pricing
    11,720 SF
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    Medical office space is leased to Optum Healthcare with 5 years remaining and annual rental increases plus renewal options.
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  • New
    Contact for pricing
    14,650 SF
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    The office property is subject to a long-term triple-net lease.
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  • New
    $1,900,000
    15,836 SF
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    Located in the heart of Uptown Market, Albuquerque.
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  • New
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    8,827 SF
    Functional Medical Office Condo
    Well-designed medical office condo with fully equipped exam rooms.
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  • $1,600,000
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    Freestanding Medical Center
    Purpose-built clinical layout with exam rooms, treatment areas, physician offices, laboratory space, and patient reception.
    522 Lomas Blvd NE, Albuquerque, NM 87102
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Similar in This City for Lease

  • New
    $21 SF/Yr
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    The property offers MX-T zoning, building and monument signage, and parking for tenants and visitors.
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  • New
    $14 SF/Yr
    16,238 sqft
    Anchored Neighborhood Center Retail Space
    Retail, restaurant, services, and medical spaces available for rent.
    6211 4th Street Northwest, Albuquerque, NM 87107
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  • Contact for pricing
    5,663 sqft
    Customizable Office Space Available
    Prime location, customizable office space for healthcare or office users.
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  • New
    $18 SF/Yr
    5,600 sqft
    Turn-Key Dental Office with 12 Operatories
    Centrally located medical office with 12 fully equipped operatories, reception and ample on-site parking.
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    View Details
  • $16 SF/Yr
    5,300 sqft
    Multi-Suite Office Property
    Two office suites offer reception areas, private offices, restrooms, and a waiting area.
    2111-2113 Wyoming Blvd NE, Albuquerque, NM 87112
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  • Contact for pricing
    5,234 sqft
    Medical Office Suite with Exam Rooms
    Medical office suite featuring a large waiting and reception area, seven exam rooms, and updated finishes.
    4700 Jefferson St NE, Albuquerque, NM 87109
    View Details
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1020 Tijeras Ave NE, Albuquerque, NM, 87106
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