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Boutique Professional Office 1003 Luna Cir NW 1,819 SF Office Building Albuquerque, NM 87102 $599,000 ($329.30/SF)



Investment Highlights
- Boutique Executive Office – Charming, small-format professional building with strong identity
- Prime Infill Location – Immediate proximity to Downtown Albuquerque
- Turnkey Layout – Reception, private offices, and functional workspace already in place
- Walkable to Courthouses – Ideal for legal, consulting, or professional service users
- Owner-User Opportunity – Control occupancy costs while building long-term equity
- Flexible Use – Suitable for a variety of professional office applications Walking distance from courthouses
Executive Summary
1003 Luna Circle presents a rare opportunity to acquire a charming, boutique professional office property ideally positioned within walking distance of Downtown Albuquerque and the Bernalillo County courthouses. This well-maintained building offers a highly functional and efficient layout, creating a turnkey environment for professional users seeking a private, client-facing office setting.
The property’s intimate scale and professional design make it exceptionally well-suited for attorneys and small law firms who benefit from immediate courthouse proximity, as well as legal support services such as mediation, title, and document preparation firms. Additionally, the quiet, private setting lends itself well to counseling and therapy practices, while the efficient layout and strong professional presence appeal to consultants, financial advisors, and other boutique service providers.
With a combination of reception, private offices, and flexible workspace, the building supports a wide range of uses while maintaining a polished and welcoming atmosphere. Its smaller footprint offers a level of privacy and control not typically found in larger multi-tenant office buildings, making it particularly attractive to owner-users seeking independence, brand identity, and long-term occupancy stability.
Located just steps from the Bernalillo County courthouses and Downtown Albuquerque, 1003 Luna Circle sits in the heart of one of the city’s most established professional and legal districts.
The surrounding area is heavily populated by law firms, legal support services, counseling offices, and professional practices, making this an ideal environment for users who benefit from proximity to the courthouse and related business activity. The property’s walkability provides a significant advantage for both clients and staff, while nearby major corridors ensure easy regional access.
This location offers a rare combination of centrality, convenience, and privacy, allowing businesses to operate in close proximity to downtown amenities without sacrificing a quieter, more controlled office environment.
The property’s intimate scale and professional design make it exceptionally well-suited for attorneys and small law firms who benefit from immediate courthouse proximity, as well as legal support services such as mediation, title, and document preparation firms. Additionally, the quiet, private setting lends itself well to counseling and therapy practices, while the efficient layout and strong professional presence appeal to consultants, financial advisors, and other boutique service providers.
With a combination of reception, private offices, and flexible workspace, the building supports a wide range of uses while maintaining a polished and welcoming atmosphere. Its smaller footprint offers a level of privacy and control not typically found in larger multi-tenant office buildings, making it particularly attractive to owner-users seeking independence, brand identity, and long-term occupancy stability.
Located just steps from the Bernalillo County courthouses and Downtown Albuquerque, 1003 Luna Circle sits in the heart of one of the city’s most established professional and legal districts.
The surrounding area is heavily populated by law firms, legal support services, counseling offices, and professional practices, making this an ideal environment for users who benefit from proximity to the courthouse and related business activity. The property’s walkability provides a significant advantage for both clients and staff, while nearby major corridors ensure easy regional access.
This location offers a rare combination of centrality, convenience, and privacy, allowing businesses to operate in close proximity to downtown amenities without sacrificing a quieter, more controlled office environment.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
1,819 SF
Building Class
C
Year Built
1906
Price
$599,000
Price Per SF
$329.30
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,819 SF
Building FAR
0.32
Lot Size
0.13 AC
Opportunity Zone
Yes
Parking
4 Spaces (2.5 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1-013-058-517179-4-43-08 | Improvements Assessment | $49,462 |
| Land Assessment | $21,864 | Total Assessment | $71,326 |
Property Taxes
Parcel Number
1-013-058-517179-4-43-08
Land Assessment
$21,864
Improvements Assessment
$49,462
Total Assessment
$71,326
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