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Property profile & analytics
FOR LEASE
Office buildings

9720 Candelaria Rd NE Albuquerque, NM 87112

5,922 SF 0.37 ac lot Built 1966
Entity Owned 1-yr Hold Free & Clear
Property ID
US61-0199087
Property summary
AI-generated overview

This well-maintained Albuquerque retail property, located at 9720 Candelaria Rd NE, offers a compelling investment or owner-user opportunity. The 5,807 square foot building sits on a 15,682 square foot lot and is zoned MX-L. Currently configured as seven individual suites ranging from 680 to 1200 square feet, the space is ideal for a variety of uses, including office and small retail. Five of the seven suites are on month-to-month leases, presenting a significant opportunity for an owner-user to occupy a substantial portion of the building. The remaining two tenants have approximately one year left on their leases. The asking price is $795,000, translating to $137 per square foot. The property benefits from thirteen years of diligent on-site ownership, ensuring consistent maintenance and preservation of value. Suites can be combined to accommodate larger tenants or a single user. This property presents a rare blend of immediate income potential and long-term growth prospects in a desirable Albuquerque location. The property is located in Bernalillo County, New Mexico, zip code 87112.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1966
Total area 5,922 SF
Lot 0.37 ac (15,987 SF)
APN 1-021-059-049-535-2-16-24
UPID US61-0199087
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Farmers Insurance - Jay Redlin Insurance Agency
  • Massage and Reiki Alternative Medicine Practice Spa & Massage Center
  • Reiki Healing in Albuquerque Alternative Medicine Practice
  • Life Is A Gem (Bike/Boat/Book/etc) Store
  • Relief Zone Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Roadrunner Inv LLC · 1 yrs held
Roadrunner Inv LLC
since 2025
5 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A
2023
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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