2415 Princeton Dr Ne Ste A Albuquerque, NM 87107-1731
This exceptional 5,086 square foot, two-unit office condo presents a remarkable investment or owner-user opportunity in Albuquerque, New Mexico. Strategically located at 2415 Princeton Dr NE, 87107, this property boasts convenient access to both I-25 and I-40, ensuring effortless commutes for employees and clients. The second-floor space features eleven private offices arranged along a common hallway, providing ample privacy and flexibility for various business needs. A spacious training room, bathed in natural light, offers a versatile area for meetings, presentations, or employee training. Shared amenities include restrooms and a kitchenette, enhancing convenience and functionality. The property also benefits from prominent monument signage, ensuring high visibility and brand recognition. Ample common-area parking is available for employees and visitors. Condo fees are comprehensive, covering water, sewer, trash, and property taxes, minimizing operational overhead. The NR-LM zoning designation further enhances the property's versatility and potential. This is a prime opportunity for an owner-occupier seeking a well-appointed space or an investor looking to establish a steady cash flow stream in a thriving Albuquerque market. The central location and easy interstate access make this property an exceptional value.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.