Office Space
3420 Constitution Avenue Northeast Albuquerque, NM 87106
Details & Description
Price: $550,000
    Absolute Investment Realty is proud to present this opportunity to purchase a mid-century modern multi-tenant office building just minutes from the University of New Mexico Hospital, Law School and Medical School. Located in a dense and higher income neighborhood, the location is ideal for an owner user or investor to acquire an extremely well maintained and updated office building in the UNM/Midtown area. Located in close proximity to many amenities and just ½ mile from I-40, the property offers a quiet residential feel while also promoting good occupancy with it’s mature landscaping, great access and limited area vacancy. The property, well below replacement cost, is an ideal investment in a stable and desirable area.
    Listing Agents
    Jeremy Nelson

    O: 505-610-1655
    jeremy@go-absolute.net
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3420 Constitution Avenue Northeast

    Albuquerque, NM 87106

    Listing ID: 221400
    • 3420 Constitution Avenue Northeast Albuquerque, NM 87106 | for Sale | Photo 1
    • 3420 Constitution Avenue Northeast Albuquerque, NM 87106 | for Sale | Photo 2
    • 3420 Constitution Avenue Northeast Albuquerque, NM 87106 | for Sale | Photo 3
    3420 Constitution Avenue Northeast | for Sale | Thumbnail 1
    3420 Constitution Avenue Northeast | for Sale | Thumbnail 2
    3420 Constitution Avenue Northeast | for Sale | Thumbnail 3
    Building Size: 5,153 SF
    Lot Size: 0.396 AC
    Land Size: 17,245 SF
    Building $/SF: $106.73
    Land $/SF: $31.89
    Price
    $550,000
    Description

    Absolute Investment Realty is proud to present this opportunity to purchase a mid-century modern multi-tenant office building just minutes from the University of New Mexico Hospital, Law School and Medical School. Located in a dense and higher income neighborhood, the location is ideal for an owner user or investor to acquire an extremely well maintained and updated office building in the UNM/Midtown area. Located in close proximity to many amenities and just ½ mile from I-40, the property offers a quiet residential feel while also promoting good occupancy with it’s mature landscaping, great access and limited area vacancy. The property, well below replacement cost, is an ideal investment in a stable and desirable area.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Albuquerque History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Albuquerque Area Market Trends

    Listing Demographics for 3420 Constitution Avenue Northeast Albuquerque, NM 87106

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,123111,161259,029
    Population Median Age403939
    Population by Age0-9 Yrs1085 (7%)11681 (10%)29029 (11%)
    10-19 Yrs1546 (10%)11866 (10%)29051 (11%)
    20-29 Yrs2654 (18%)20731 (18%)42580 (16%)
    30-39 Yrs2227 (15%)17310 (15%)37885 (14%)
    40-49 Yrs1460 (10%)12894 (11%)29883 (11%)
    50-59 Yrs1738 (12%)13540 (12%)32041 (12%)
    60-69 Yrs1776 (12%)12212 (10%)30510 (11%)
    70+ Yrs1638 (11%)10926 (9%)28049 (10%)
    Median HH Income$64,675$36,663$41,413
    Total Household Income< 24K1327 (20%)17697 (35%)34789 (31%)
    25-49K1325 (20%)13335 (26%)29217 (26%)
    50-74K1085 (16%)7529 (14%)17763 (16%)
    75-99K791 (12%)4526 (8%)10931 (9%)
    100-199K1260 (19%)5781 (11%)14807 (13%)
    200K+674 (10%)1492 (2%)3475 (3%)
    Highest Education LevelNo Diploma256902622543
    Diploma or GED8591634541658
    Some College16381778342324
    Assoc. Degree601510613350
    Bachelors Degree27621553133300
    Higher Degree40581393128118
    Total Housing Units6,91756,731124,405
    --Owner-Occupied3,94421,08755,495
    --Renter-Occupied2,51829,27255,487
    Owner-Occupied Values< 100K14821696699
    100-199K552927924658
    200-299K1418562014209
    300-399K118325845912
    400-499K4278102183
    500K+2156251834
    Total Working Age Population12,44593,214213,275
    In Work Force8,15958,521131,718
    Not In Work Force4,28634,69381,557
    Workforce Employed7,79854,507122,195
    Workforce Unemployed3293,6738,193
    Civlian Workforce8,12758,180130,388
    Military Workforce323411,330
    Total Households6,46250,359110,982
    Family Households3,26422,27556,102
    Non-Family Households3,19828,08554,879
    Married Couple2,19712,45933,653
    Other Family1,0679,81622,449
    Married w/Child6484,11911,458
    Single Male w/Child1521,2892,855
    Single Female w/Child3673,7648,337

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Mexico1,819,046+132,059,179+62,187,183+62,308,475
    Bernalillo County556,678+19662,564+8715,115+7763,571

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3420 Constitution Avenue Northeast in Albuquerque?
    The asking price for 3420 Constitution Avenue Northeast is $550,000
    What is the building size of this Office property in Albuquerque, NM?
    The size of the building/unit at 3420 Constitution Avenue Northeast in Albuquerque is 5,153 square feet
    How much land does the Albuquerque, NM property at 3420 Constitution Avenue Northeast include?
    3420 Constitution Avenue Northeast in Albuquerque includes 0.396 acres of land
    What is the population within 1 mile of 3420 Constitution Avenue Northeast in Albuquerque?
    The population within 1 mile of 3420 Constitution Avenue Northeast Albuquerque, NM 87106 is 14,123 people.
    Who do I contact for questions about 3420 Constitution Avenue Northeast?
    You should contact the listing agent, Jeremy Nelson, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 4
    Rick Husband Amarillo International Airport (AMA) 277
    Lubbock Preston Smith International Airport (LBB) 290