10501 Montgomery BlvdAlbuquerque, NM 87111

This exceptional 32,415 square foot Class B office building, located at 10501 Montgomery Blvd NE in Albuquerque, New Mexico, presents a compelling investment opportunity. Currently vacant, this property offers significant potential for redevelopment and re-tenanting, priced attractively below replacement cost at $3,900,000 ($120.31/sq ft). The building boasts numerous recent upgrades, including a new chiller installed in 2017 and a new roof completed in October 2018. Ample parking is available with 139 spaces, ensuring convenient access for tenants. Strong visibility is ensured through building and monument signage. The property is zoned PD (Planned Development), offering flexibility for future development plans. Situated in Bernalillo County, zip code 87111, this traditional office building is ideally positioned for success in the Albuquerque market. The property's vacant status allows for immediate customization and tenant improvements to suit a variety of business needs. This is a rare chance to acquire a well-maintained, strategically located office building in a thriving area. The substantial parking and recent capital improvements make this a truly attractive proposition for investors seeking a value-add opportunity.