300 San Mateo Blvd NE | Albuquerque, NM 87108
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- LoopNet Team
300 San Mateo Blvd NE
Albuquerque, NM 87108
Multi-Family Redevelopment Site ± 115 Units · Office Property For Sale
Investment Highlights
- Two Park Central Tower is available for redevelopment for up to 115 units, atop 4.7 acres of land with a parking lot on site.
- 300 San Mateo Blvd NE offers the rare and profitable redevelopment option for savvy investment, with a major income generating prospective.
- Current five-mile population surrounding the property is 268,768 with a correlating average household income of roughly $61,000.
- Located six miles east of Albuquerque’s downtown core, the property is surrounded by a variety of mixed uses and new redevelopments.
- Originally built in 1960 and renovated in the mid 90’s, the property currently offers 186 parking spaces and maintains a very walkable scoring.
- Major establishments nearby include The University of New Mexico, Albuquerque International Sunport, downtown Albuquerque, CNM, and more.
PROPERTY FACTS
Sale Condition
Auction Sale
Property Type
Office
Building Size
101,000 SF
Building Class
C
Year Built/Renovated
1960/1994
Percent Leased
Vacant
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
10,100 SF
Slab To Slab
15’
Building FAR
0.49
Lot Size
4.76 AC
Zoning
C-1, C-2, C-3, O-1
Parking
186 Spaces (1.84 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Bus Line
- Signage
zoning
| Zoning Code | C-1, C-2, C-3, O-1 |
| C-1, C-2, C-3, O-1 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,305,432 | |
| Land Assessment | $188,412 | Total Assessment | $1,493,844 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$188,412
Improvements Assessment
$1,305,432
Total Assessment
$1,493,844
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