Property profile

502 Elm NE St Albuquerque, NM 87102

OFF-MARKET
Medical Office Space
Property ID
US61-0156561
37,120 SF 2.33 ac lot Built 2003
Entity Owned 8-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2003
Total area 37,120 SF
Lot 2.33 ac (101,669 SF)
APN 1-015-058-061-001-3-08-11
UPID US61-0156561

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician Hospital
  • Physician
  • Physician
  • Physician

Location

502 Elm NE St Albuquerque, NM 87102-2512
Albuquerque metro Census 2000 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$960k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.95M
Blend (final) Blend
$960k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.4M +40.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 502 Elm NE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message