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Centrally Located Office Complex 136-150 Louisiana Blvd NE 21,222 SF Office Building Albuquerque, NM 87108 $1,900,000 ($89.53/SF)
Investment Highlights
- Prime Centralized Location
- Flexible Layout Suitable for Office, Educational, Non-Profit, or Service Use
- High Visibility +/- 400 Ft of Frontage
Executive Summary
Absolute Investment Realty has been selected as the exclusive representative of this very well-
maintained +/-21,222 SF office complex is located in the heart of central Albuquerque, located
at 150 Louisiana Blvd NE, Albuquerque, NM 87108.
The property sits at a prime location on Louisiana Blvd & Central Ave across from the NM
State Fair Grounds, which is approved for a full mixed-use redevelopment. The site features
excellent visibility, convenient access to I-40 and close proximity to major employment drivers
such as Kirtland Air Force Base & Sandia National Laboratories. The perimeter of the property
is fully secured with heavy gauge steel fencing, three gates and a large secure rear parking area
for employees as well as a secure front parking area for customers.
Presently, +/- 5,000 SF of the south end of the building is leased to a church through May 31,
2027. The property is ideal for a variety of uses including corporate or government offices,
educational, non-profit. Don’t miss this rare opportunity to acquire the beautiful property at
below market rates.
maintained +/-21,222 SF office complex is located in the heart of central Albuquerque, located
at 150 Louisiana Blvd NE, Albuquerque, NM 87108.
The property sits at a prime location on Louisiana Blvd & Central Ave across from the NM
State Fair Grounds, which is approved for a full mixed-use redevelopment. The site features
excellent visibility, convenient access to I-40 and close proximity to major employment drivers
such as Kirtland Air Force Base & Sandia National Laboratories. The perimeter of the property
is fully secured with heavy gauge steel fencing, three gates and a large secure rear parking area
for employees as well as a secure front parking area for customers.
Presently, +/- 5,000 SF of the south end of the building is leased to a church through May 31,
2027. The property is ideal for a variety of uses including corporate or government offices,
educational, non-profit. Don’t miss this rare opportunity to acquire the beautiful property at
below market rates.
Property Facts
Sale Type
Owner User
Property Type
Building Size
21,222 SF
Building Class
B
Year Built
1979
Price
$1,900,000
Price Per SF
$89.53
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
21,222 SF
Building FAR
0.31
Lot Size
1.55 AC
Parking
78 Spaces (3.68 Spaces per 1,000 SF Leased)
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1-019-057-011176-3-07-19 | Improvements Assessment | $569,074 |
| Land Assessment | $98,220 | Total Assessment | $667,294 |
Property Taxes
Parcel Number
1-019-057-011176-3-07-19
Land Assessment
$98,220
Improvements Assessment
$569,074
Total Assessment
$667,294
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Centrally Located Office Complex | 136-150 Louisiana Blvd NE