723 Silver Ave SW Albuquerque, NM 87102
Property Lookup
Property profile & analytics
723 Silver Ave SW Albuquerque, NM 87102
- Office buildings
- 12,597 SF
- 0.34 lot acres
Property ID
US61-0133083
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Rural Sourcing Inc / (Bike/Boat/Book/etc) Store / Corporate Office
- Fuel Injectors For Sale / Auto Parts Store
- Infill Solutions / Construction Company / General Contractor
Property Details for 723 Silver Ave SW
- Year built
- 1951
- Lot size
- 0.34 lot acres
- Property size
- 12,597 SF
- Property type
- Office buildings
- APN
- 1-014-057-026-390-2-21-01
- APU
- 101405702639022101
Description
This exceptional 15,502-square-foot single-tenant office space in Bernalillo County is perfectly suited for immediate occupancy. The property boasts a comprehensive array of features designed for optimal productivity and comfort. A significant advantage is the inclusion of existing furniture, fixtures, and equipment (FF&E), eliminating the need for costly upfront investments. Parking is abundant with 18 on-site spaces and an additional 95 off-site spaces provided at no cost to the tenant. The building offers a controlled entry security system for enhanced safety and peace of mind. Employees can enjoy a second-floor balcony complete with patio furniture, providing a welcome outdoor space. For added convenience and functionality, a basement storage area includes a large training room and a fully equipped kitchen. The master lease expires on May 31, 2026, offering a substantial lease term for long-term planning and stability. This turnkey solution presents a rare opportunity to secure a well-appointed, fully functional office space in a desirable location, minimizing initial setup costs and maximizing operational efficiency from day one. The property's traditional office layout is ideal for a variety of businesses seeking a comfortable and productive work environment.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,330,000
Market price range: $428k - $2.66M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,565,000 Current use
- COMMERCIAL (GENERAL)
- $2,070,000 Change: +32% Conversion: Easy
- RESTAURANT
- $1,570,000 Change: +0% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,375,000 Change: -12% Conversion: Difficult
- RETAIL STORES
- $1,285,000 Change: -18% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.656
- Latitude
- 35.0834
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,052
$54,188
$181,788
$235,976
-
$162,580
$545,420
$708,000
