Albuquerque, New Mexico Commercial Real Estate Market Report

The Albuquerque commercial real estate market currently presents 107 active properties listed for sale on Commrty. These listings represent the entirety of the platform's inventory for the metro area, with all entries currently designated for sale rather than lease. This inventory reflects the diverse economic base of Albuquerque, which serves as a central hub for logistics, government, and regional services within New Mexico. While the market has seen 107 new listings added over the past 90 days, there have been no listings added in the most recent 30-day window, suggesting a stable volume of available commercial opportunities. Pricing across these 107 active listings varies significantly, with asking prices ranging from $100,000 to $22,000,000. Among the 89 listings that have published specific asking prices, the median price sits at $995,000. For investors evaluating the income potential of these assets, the median advertised cap rate stands at 6.78%. This figure provides a baseline for those analyzing potential returns within the local market, though individual investment outcomes will vary based on specific asset quality, location within the city, and the specific terms of any potential purchase agreement. The composition of available properties is heavily weighted toward retail, which accounts for 45 of the active sale listings. Multifamily properties follow with 17 listings, while office space and industrial properties comprise 15 and 14 listings, respectively. The remaining inventory consists of land, hospitality, mixed-use, and self-storage assets. This distribution offers a range of options for various buyer profiles, from retail operators seeking physical storefronts to investors focused on multifamily or industrial holdings. These listings serve as a snapshot of the current inventory available to users navigating the Albuquerque market through Commrty.