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Property profile & analytics
OFF-MARKET
Office Spaces

6010 Midway Park Blvd Ne Ste A Albuquerque, NM 87109-5818

3,390 SF Built 1989
Individually Owned Free & Clear
Property ID
US61-0340506
Property summary
AI-generated overview

This Albuquerque commercial property, located at 6010 Midway Park Blvd NE - Suite B, offers a unique blend of office and warehouse space, totaling 4,527 square feet. Priced at $719,000 ($158.82 per square foot), this property presents a compelling investment opportunity. The building, constructed in 1989, is a two-story structure and sits on a lot with a significant advantage: approximately 2,300 square feet of fenced outdoor storage. The interior layout includes approximately 3,951 square feet of office space and 576 square feet of warehouse space, conveniently equipped with a 10' x 14' roll-up door. The property is zoned NR-BP, allowing for a variety of business uses. The current tenant lease expires March 31, 2025, providing potential for immediate occupancy or continued rental income. This property is situated in Bernalillo County, New Mexico, with easy access to major transportation routes. The combination of office and warehouse space, ample outdoor storage, and convenient location makes this an attractive option for businesses seeking a versatile and functional workspace. The asking price reflects a competitive price per square foot in the Albuquerque market. This is a rare opportunity to acquire a well-located and functional commercial property in a thriving area.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1989
Total area 3,390 SF
APN 1-017-062-041-183-3-10-11-AA
UPID US61-0340506
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
  • High Mesa, a Bowman company Civil Engineer Land Surveyor
  • Seal Co Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
RICHARD A CYNTHIA CERVANTES
RICHARD A CYNTHIA CERVANTES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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