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    Property profile & analytics
    OFF-MARKET Estimated value $2,065,000
    Manufacturing properties

    4500 Alexander NE Blvd, Albuquerque, NM 87107-9000

    106,626 SF 7.82 ac lot Built 1988
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US61-0700524
    Property summary
    AI-generated overview

    This exceptional Albuquerque, NM, coworking space offers 36,282 square feet of immediately available space within a larger 101,604 square foot, two-story Class A building. Located in the desirable Renaissance Business Center of the North I-25 submarket, this property boasts a prime location just two blocks from the intersection of I-25 and Montgomery/Montano Boulevard, the heart of Albuquerque. The building, constructed in 1986 and renovated in 1995, sits on a substantial 7.82 acres of land and provides ample parking with approximately 432 spaces. The flexible floor plan allows for spaces ranging from 14,390 to 67,271 contiguous square feet, catering to a variety of business needs. Ceiling heights range from 14 to 18 feet, offering a spacious and modern feel. The property is zoned NR-BP and benefits from its location within an Opportunity Zone. Enjoy the convenience of nearby major retailers such as Costco, Sam's Club, Home Depot, PetSmart, REI, and Topgolf. This is an unparalleled opportunity to establish your business in a thriving and accessible location within Albuquerque's most sought-after employment center. The address is 4500 Alexander Blvd NE, Albuquerque, NM 87107, with a cross street of Desert Surf.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1988
    Total area 106,626 SF
    Lot 7.82 ac (340,596 SF)
    APN 1-016-061-234-059-3-01-13
    UPID US61-0700524
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Express Scripts Inc. Factory Production Facility
    • Elmore Meghan R Pharmacy
    • Marcia D. Allen, BA Pharmacy
    • Hector R. Pacheco, RPH Pharmacy
    • Harris A. Zeyaee, PharmD Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.07M
    Owner & transaction history
    4500 Alexander De LLC · 5 yrs held
    4500 Alexander De LLC
    since 2021
    2 recorded transactions
    2021
    2017
    $6.3M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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