$939,900
1810 Broadway Blvd , Albuquerque, NM 87111
- 10,780
- sqft
- Status:
- Active
- MLS #:
- 1112848
- County:
- Bernalillo
- Listed By:
- Anita Maestas - Maestas Real Estate Services
- Agent Phone:
- (505) 463-3565
- Agent Email:
- anita@maestasrealty.com
Sponsoring Broker: Edward Donovan, Continental Real Estate Group, Inc
Nestled on the South Broadway corridor between Downtown and the University of New Mexico, 1810 and 1814 Broadway Blvd SE sit at the center of one of Albuquerque's most active reinvestment areas, with the Rail Yards and the Sunport close by and UNM's Target-anchored Lobo Crossing under construction about a mile away, bringing fresh energy and investment to the blocks around it. Two parcels, four spaces, and flexible MX-L zoning that lets retail, warehouse, office, and residential uses live side by side, a combination that is hard to find and harder to assemble. Run your business from the street-front retail and warehouse space while two residences sit on the same dirt paying rent, or hold it as a pure investment and let the mix of commercial and residential tenants spread your risk. This is Broadway frontage with room to grow into the corridor's future.The financials tell the same story. The property is fully occupied and producing $79,200 a year in gross rent, and every space is leased below market. At market rents it produces $109,045 a year, lifting net operating income from $48,254 today to a projected $75,192, and the cap rate from 5.13% to 8.00%. Priced at about $87 per square foot against nearby comparables at $93 to $200 per square foot, it sits well below replacement cost and below the corridor's own sales. Expenses run lean at $26,986 a year with no management fee in the numbers, so nearly every dollar of rent growth falls to the bottom line. Buy the income that is already there, at a price per foot the corridor has already passed by, and let the neighborhood's momentum close the rest of the gap.Property Highlights1. Four income streams on two MX-L parcels, retail, warehouse, and two residences, risk spread across commercial and residential tenants2. Fully occupied at below-market rents, $79,200 a year in place against $109,045 at market3. NOI upside from $48,254 to a projected $75,192, cap rate from 5.13% to 8.00% at market rents4. Priced at about $87 per square foot, below nearby comparables at $93 to $200 per square foot5. Lean expense base of $26,986 a year, no management fee carried, so rent growth flows to the bottom line6. Built for an owner-user, operate from the retail and warehouse while the residences help carry the mortgage7. Steps from the corridor's momentum, Lobo Crossing under construction about a mile away, 1.6 miles to Downtown, 2.6 miles to the Sunport
Highlights
- Commercial Sale
- Mixed Use
- 0.32 Acre Lot
- 38 days on Market
-
- Stories
- 2.0
-
- Construction Materials
- Frame
-
- Parking Features
- Covered, On Site
-
- Cooling
- Evaporative Cooling
-
- Heating
- Natural Gas
-
- Acres
- 0.32
-
- Utilities
- Cable Available, Natural Gas Available, Cable Connected, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected, Phone Connected
-
- Area
- 80 - Downtown Area
-
- County
- Bernalillo
-
- City
- Albuquerque
-
- Zip Code
- 87111
-
Nearby Schools
-
54out of 100
-
39out of 100
-
50out of 100
-
52out of 100
-
100out of 100
-
75out of 100
-
100out of 100
-
96out of 100
-
49out of 100
-
71out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Estimated Value
$779,848
$545,893 - $1,013,802
Source: Constellation Data Labs
Price History
| 09/30/2026 | Listed | $939,900 |
| Source: Southwest MLS (Greater Albuquerque Association of REALTORS) #1112848 | ||
| 08/16/2025 | Off Market | — |
| Source: Southwest MLS (Greater Albuquerque Association of REALTORS) #1089793 | ||
Source: MLS Data
Deed History
| 01/22/2014 | Contract of Sale | $225,000 |
| 05/21/2009 | Intrafamily Transfer - Transaction is between related parties for any reason & no consideration. | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 01/22/2014 | Seller Carryback / Seller Financing / Seller take-back | $0 |
Source: Public records via Constellation Data Labs
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There are currently 2101 properties available in Albuquerque, with 12 under contract to close soon. Properties in the city have an average sale price of $419,936 and typically spend 74 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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How do I get more information about 1810 Broadway Blvd?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $939,900. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Albuquerque, and can even get you in to see the property quickly.
How do I get a virtual tour of 1810 Broadway Blvd?
Yes! A virtual tour is available for 1810 Broadway Blvd. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 1810 Broadway Blvd?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1810 Broadway Blvd at around $6,194. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 1810 Broadway Blvd?
In most cases, yes. Whether 1810 Broadway Blvd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Albuquerque's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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What is the price per square foot for this home?
This home is listed at $939,900 with 10,780 sqft of space—that comes out to approximately $87 per square foot.
How long has this property been on the market?
1810 Broadway Blvd was listed on September 30, 2026, which means it's been on the market for 38 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
1810 Broadway Blvd sits on a 0.32-acre lot, which is 13,939 square feet.
What are the property taxes for 1810 Broadway Blvd?
The most recent public record shows annual property taxes for 1810 Broadway Blvd were approximately $13,177. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 1810 Broadway Blvd still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Continental Real Estate Group, Inc, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.
Last Updated: November 07, 2026 at 12:56AM | Source: Southwest MLS (Greater Albuquerque Association of REALTORS) | MLS#: 1112848