1913 Lomas Blvd NW Albuquerque, NM 87104
For Sale
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This exceptional Albuquerque property, located at 1913 Lomas Blvd NW, presents a unique investment opportunity. Priced at $640,000, this 1,600 square foot property boasts two buildings situated on a 0.25-acre lot in the desirable Old Town area. The property features a blend of traditional office space and a beautifully restored adobe Airbnb, offering diverse income streams. Recent renovations include a new roof, electrical system, tankless water heater, and HVAC system, ensuring efficiency and low maintenance. The interior showcases charming details such as wood floors, a fireplace, adobe accents, and plaster walls, creating a warm and inviting atmosphere. Ample natural light floods the space, enhancing its appeal. Exterior features include attractive brick patio areas, perfect for relaxation or outdoor entertaining. The property benefits from two separate entrances with signage availability, catering to both office and Airbnb guests. Parking is secured with four gated spaces plus one additional space on Lomas Boulevard. Its prime location offers easy walking access to Old Town Plaza, numerous restaurants, parks, museums, and schools, making it highly attractive to tenants and guests. The property is zoned PD. This turnkey investment is ready for immediate occupancy and offers significant potential for strong returns.
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.