Realmo Analytics

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Property profile

4204 Lead Ave SE Albuquerque, NM 87108

FOR SALE
Office buildings
Property ID
US61-0216097
1,536 SF 0.11 ac lot Built 1950
Last sale May 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Albuquerque, New Mexico retail property, located at 4204 Lead Ave SE, offers 4,500 square feet of space across three suites, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 2,000 square feet. Currently vacant, this 0.41-acre lot is zoned MX-L in the desirable Nob Hill submarket of Bernalillo County. The property is undergoing a replat to combine five independent plats, and the city is vacating an existing alley/easement. This will result in one of…

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?
$5k
Tax billed · 2023
Assessed value$33k
Assessed land$6k
Assessed improvement$27k
Effective rate15.27%

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$275k
NOI build-up
Gross scheduled income$96k
Vacancy & credit loss−$7k
Operating expenses−$27k
NOI · 14.22% cap applied$62k

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?
14.22%
$62k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.1
Storage Facility9.4
Locksmith9.4

Location

4204 Lead Ave SE Albuquerque, NM 87108
County assessor Recorded deeds · 1 transfer 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4210 Silver SE, Albuquerque, NM 87108-2721 $291,500 Sep 2023 1,228 SF
608 Chama NE, Albuquerque, NM 87108-2029 $180,000 Sep 2022 1,728 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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