7920 Wyoming NE Blvd Albuquerque, NM 87109-6020

Property Details for 7920 Wyoming NE Blvd

Year built

2007

Lot size

0.68 lot acres

Property size

8,385 SF

Property type

Retail space

APN

1-019-063-297-430-1-22-27

APU

101906329743012227

Description

This exceptional Class A office building, totaling 8,255 square feet, is situated on Wyoming Blvd NE in Albuquerque, New Mexico's desirable Paseo Del Norte corridor. Built in 2007, this single-story property features four separate condominium units, ideal for owner-occupancy with rental income potential or future expansion. The building boasts a strong 8.00% capitalization rate and a Net Operating Income (NOI) of $126,018, with an asking price of $1,575,236 ($190.82/sq ft). Ample parking is provided at a generous ratio of 4.5 spaces per 1,000 square feet. The property benefits from high visibility (30,342+ cars per day), monument and building signage opportunities, and convenient access to I-25 and Paseo Del Norte, placing most of Albuquerque within a 15-minute drive. Located near numerous amenities, restaurants, and shops, this property also offers stunning views of the Sandia Mountains. The surrounding area features strong demographics, including high income levels and a growing population. The property is zoned MX-T. This is a rare opportunity to acquire a well-maintained, high-performing asset in a prime Albuquerque location.