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Property profile & analytics

8400 Osuna NE Rd Albuquerque, NM 87111-2087

  • Office buildings
  • 5,940 SF
  • 1.60 lot acres
OFF-MARKET
Value Estimations
$810,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US61-0208482
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

  • Oki Jennifer S DDS / Dentist
  • Dr. Marifer Martinez-Lujan | Family Dentistry / Dentist
  • Family Dental - Albuquerque / Dentist
  • DMM Family Dental Care, LLC / Dentist / Cosmetic Dentist
  • Pellerano Dania A DDS / Dentist / Dental Clinic

Property Details for 8400 Osuna NE Rd

Year built
1981
Lot size
1.60 lot acres
Property size
5,940 SF
Property type
Office buildings
APN
1-020-061-024-233-3-11-59
APU
102006102423331159

Description

Located in Albuquerque's Northeast Heights submarket at 8400 Osuna Rd NE, 87111, Osuna Professional Center offers 4,606 square feet of immediately available office space for lease. This six-building, single-story complex provides flexible options for various business needs, including medical, creative, and traditional office uses. The property is zoned MX-T and features a lush campus setting near high-traffic shopping areas and upscale residential neighborhoods. Units range from a minimum of 1,320 square feet to a maximum contiguous space of 3,650 square feet. Currently, the entire 4,606 square feet is vacant. Building amenities include prominent Wyoming Blvd signage, excellent visibility with 47,000 vehicles passing daily, and newly installed way-finding and tenant-specific signage. Former dental spaces are available in shell condition, with attractive build-out incentives offered. A special promotion offers free rent through December 2024 for new leases, with the length of the free rent period dependent on the lease term (3 months free on a 3-year lease, 4 months free on a 4-year lease, and 5 months free on a 5+ year lease). This presents a unique opportunity to secure high-quality office space in a desirable location at a significantly reduced cost. The property is professionally managed and locally owned.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $847,000
    Market price range: $254k - $848k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $570,000
    Current use
    COMMERCIAL (GENERAL)
    $820,000
    Change: +43% Conversion: Easy
    APARTMENT HOUSE (5+ UNITS)
    $640,000
    Change: +12% Conversion: Easy
    RESTAURANT
    $565,000
    Change: -1% Conversion: Moderate
    AUTO REPAIR, GARAGE
    $560,000
    Change: -2% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.55
Latitude
35.1371
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
$17,908
$186,285
$186,981
$373,266
-
$558,910
$561,000
$1,119,910
More about this property
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