8005 Pennsylvania NE Cir Albuquerque, NM 87110-7847
This exceptional Albuquerque investment opportunity presents a 4,401 square foot medical office building situated on a 0.45-acre lot at 8005 Pennsylvania Cir NE, Albuquerque, NM 87110. Constructed in 1979, the property boasts 19 total parking spaces, providing convenient access for patients and staff. The building features a shared lobby and exterior security lighting, enhancing both safety and aesthetics. Currently configured for multiple tenants, one suite of 1,556 square feet is currently available. The property benefits from its ideal location, offering easy access to Uptown Albuquerque and Interstate 40, ensuring high visibility and convenient commutes. The MX-T zoning designation allows for a variety of uses, making it suitable for a range of medical or office tenants. The building also features prominent monument signage, providing excellent branding opportunities. This owner-user investment property presents a compelling opportunity to acquire a well-maintained, strategically located medical office building in a thriving Albuquerque market. The ample parking and convenient location make this a highly desirable property for both medical professionals and investors.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.