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Property profile & analytics

8080 Academy NE Rd Albuquerque, NM 87111-1111

  • Medical offices
  • 13,247 SF
  • 1.37 lot acres
OFF-MARKET
Last Sale
Mar 13, 2024
Value Estimations
$780,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US61-1215324
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.

Current Use by Public Records

  • Dr cobbs podiatry / Podiatrist
  • Matthew Davis Cobb / Podiatrist
  • Paul Whitehouse, DPM / Podiatrist
  • Jose Hernandez Lingao, DPM / Podiatrist
  • Brewer Richard J MD / Doctor

Property Details for 8080 Academy NE Rd

Year built
1996
Lot size
1.37 lot acres
Property size
13,247 SF
Property type
Medical offices
Property subtype
Medical centers
APN
1-020-062-082-105-3-01-21
APU
102006208210530121

Description

This exceptional single-story medical office building, located at 8080 Academy Rd NE in Albuquerque, New Mexico, presents a unique investment opportunity. Situated in the Far Northeast Heights submarket of Bernalillo County, this property boasts a prime location at the intersection of Academy and Moon NE, surrounded by a strong mix of retail businesses, including pharmacies. The 2009 renovation resulted in a highly functional layout featuring modern exam rooms and physician offices, ideal for medical practices. The building comprises approximately [Size not provided] square feet and features 66 total parking spaces, ensuring ample convenience for patients and staff. Currently housing three medical tenants, including Albuquerque Associated Podiatrists and Pain Solutions: Spine and Head Clinic, the building offers separate entrances for each tenant, enhancing privacy and efficiency. Shared common area waiting room space promotes a collaborative environment. The building is equipped with Century Link fiber and Xfinity, providing reliable high-speed internet access. Excellent visibility is ensured by monument and building signage. The property is zoned MX-T and is a single building, one-story structure. This is an exceptional opportunity to acquire a well-maintained, strategically located medical office building in a thriving Albuquerque neighborhood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $560,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $998,000
    Market price range: $462k - $1.00M
  • Alternative Use

    Use
    Estimation
    MEDICAL BUILDING
    $705,000
    Current use
    OFFICE BUILDING
    $1,275,000
    Change: +81% Conversion: Easy
    RESTAURANT
    $1,265,000
    Change: +79% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $1,245,000
    Change: +77% Conversion: Difficult
    WAREHOUSE, STORAGE
    $815,000
    Change: +16% Conversion: Difficult
    RETAIL STORES
    $645,000
    Change: -8% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.548
Latitude
35.1481
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
$35,826
$132,647
$614,105
$746,752
-
$397,980
$1,842,500
$2,240,480
More about this property
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