Albuquerque, NM
Commercial Real Estate Market Trends & Data

$271 Avg asking sale price
$1,286 Avg asking lease rate
11,726 SF Avg unit lease size
17,046 SF Avg building size for sale
7.02% Average cap rate

Albuquerque's Demographic Profile

Albuquerque has 236,991 households and a median income of $60,552, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 561,834
# Households 236,991
Median age 40
Median household income $60,552
Avg household size 2.0
Renter-occupied housing units 100,766
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Albuquerque, NM

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Albuquerque $247 17,015 SF 9.00%
Corrales $231 4,490 SF 6.74%
Rio Rancho $212 22,588 SF 6.74%
Cedar Crest $314 3,584 SF 8.55%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Albuquerque $161 9,909 SF 9.12%
Corrales $152 27,000 SF 9.12%
Rio Rancho $152 27,000 SF 9.12%
Nearby Retail Markets Avg Cost/SF Typical Size
Albuquerque $329 24,065 SF
Corrales $1,033 1,315 SF
Rio Rancho $196 21,068 SF
Cedar Crest $300 4,468 SF
Los Lunas $190 6,326 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Albuquerque $204 12,154 SF 11.00%
Santa Fe $216 9,362 SF 6.37%
Espanola $220 8,984 SF 7.73%

Commercial Properties For Sale in Albuquerque

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

7777 Jefferson St

Albuquerque, NM 87109

  • 154,224 SF Office Building
  • Price Upon Request
For Sale

SE Heights Turnkey Medical Office

Albuquerque, NM 87108

  • 6,158 SF Office Building
  • $1,200,000
For Sale

Freddy's - Albuquerque NM

Albuquerque, NM 87123

  • 3,264 SF Retail Building
  • 7.00% Cap Rate
  • $2,074,285
For Sale

Family Life Radio Building

Albuquerque, NM 87111

  • 7,376 SF Office Building
  • $1,844,000
For Sale

Washington Square

Albuquerque, NM 87108

  • 2,568 SF Retail Building
  • $175,000
For Sale

2621 Wyoming Blvd NE

Albuquerque, NM 87112

  • 3,200 SF Office Building
  • $800,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Albuquerque pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Albuquerque $271 17,046 SF
Los Ranchos De Albuquerque $220 7,590 SF
Bosque Farms $104 16,400 SF
Corrales $215 8,992 SF
Peralta $95 5,500 SF

Multifamily Properties For Sale in Albuquerque

For Sale

Gold Ave Lofts

Albuquerque, NM 87102

  • 82,036 SF Multifamily
  • $795,000

Regional Demographic Comparison

This comparison places Albuquerque alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Albuquerque or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Los Ranchos De Albuquerque 5,393 2,267 51 $105,717 2 497 -2%
Bosque Farms 3,935 1,532 48 $57,425 3 174 4%
Corrales 8,067 3,462 59 $115,129 2 352 4%
Peralta 3,273 1,257 47 $44,870 3 196 4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Albuquerque, NM and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Albuquerque

View All Commercial Real Estate For Sale in Albuquerque
Is Albuquerque a good market for a first-time commercial real estate investor?

Albuquerque offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Albuquerque?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Albuquerque. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Albuquerque?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Albuquerque. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Albuquerque compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Albuquerque. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Albuquerque acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Albuquerque, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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