9100 2Nd St NW Albuquerque, NM 87114
- Warehouses
- 15,824 SF
- 2.87 lot acres
Current Use by Public Records
- Red Shovel Landscape / Landscaping / General Contractor
- Trinity Construction / Construction Company
- ABQ Tree Removal Co / Landscaping / General Contractor
- Christmas Decor by Red Shovel Landscape / Landscaping
Property Details for 9100 2Nd St NW
- Year built
- 2019
- Lot size
- 2.87 lot acres
- Property size
- 15,824 SF
- Property type
- Warehouses
- APN
- 1-016-064-203-343-2-05-13
- APU
- 101606420334320513
Description
This exceptional 7,500-square-foot office building in Albuquerque's North Valley submarket presents a unique opportunity. Located at 9100 2nd St NW, this property offers flexible space ideal for executive or medical offices. The building is available entirely (7,500 sq ft) or divisible to a minimum of 3,900 sq ft. Situated on a 0.89-acre lot zoned C-2, it boasts ample parking and a prime location between Paseo Del Norte and Alameda Blvd, providing convenient access to both the east and west sides of the city via nearby river crossings. This built-to-suit opportunity allows for a modern, ergonomic design prioritizing comfort and productivity. The property's central location and limited supply of new office inventory make this a highly desirable investment. The building will be constructed to meet the needs of one or multiple tenants. This is a rare chance to secure a new, high-quality office space in a thriving Albuquerque neighborhood.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,800,000
- 6.5%
- $1,660,000
- 7%
- $1,540,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,466,000
Market price range: $723k - $2.23M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,475,000 Current use
- COMMERCIAL (GENERAL)
- $1,915,000 Change: +30% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,705,000 Change: +16% Conversion: Difficult
- OFFICE BUILDING
- $1,610,000 Change: +9% Conversion: Difficult
- RESTAURANT
- $1,295,000 Change: -12% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.615
- Latitude
- 35.1837
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA