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Property profile & analytics

131 Madison St NE Albuquerque, NM 87108

  • Warehouses
  • 4,056 SF
  • 0.43 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US61-0155943
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Absolute Investment Realty / Commercial Real Estate Agency
  • Barbara Kline, Business Broker / Business Broker
  • Lavender Door / Vacation Home Rental Agency

Property Details for 131 Madison St NE

Year built
1987
Lot size
0.43 lot acres
Property size
4,056 SF
Property type
Warehouses
APN
1-017-057-346-235-4-33-04
APU
101705734623543304

Description

This exceptional one-story, 1,929-square-foot office space in Albuquerque's desirable Nob Hill neighborhood is available for lease. Recently renovated in 2023, the property offers a blend of traditional and executive office options within a multi-tenant building. The space includes five individual offices, a shared break room, and a conference room that can be included in the lease or negotiated separately. Enjoy abundant natural light and exposure throughout. Amenities include a shared kitchen with dedicated cabinet space for each tenant, a shared lobby, two bathrooms, secure mailboxes, extra cabinet storage in the lobby, internet access, and secure gated parking with 25 spaces. The building is conveniently located on Madison Street NE, just off Central Avenue, a major artery running the length of Albuquerque and providing easy access to I-25. This high-traffic location benefits from a strong residential population to the north and a substantial daytime business population. The area boasts a diverse mix of retail establishments and is close to the University area. Nearby businesses include Firestone, Bank of Albuquerque, Media Arts Center, and O'Neill's Pub. This is an excellent opportunity to establish a presence in a vibrant and well-connected Albuquerque location.


Value Estimations

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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.593
Latitude
35.0793
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,874
$23,395
$57,346
$80,741
-
$70,192
$172,056
$242,248
More about this property
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