8080 Academy NE Rd Albuquerque, NM 87111-1111
- Medical offices
- 13,247 SF
- 1.37 lot acres
Mar 13, 2024
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
-
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
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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