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$600,000
29 Days On Site

3848 Rio Grande Boulevard NW
Albuquerque, NM 87107

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
3,037
SqFt
$198
/SqFt
County:
Bernalillo
Call Now: 505 401-7500
Is this the listing for you? We can help make it yours.
505 401-7500
3848 Rio Grande Boulevard NW3848 Rio Grande Boulevard NW3848 Rio Grande Boulevard NW3848 Rio Grande Boulevard NW
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Corner visibility, North Valley appeal and in-place income meet at Rio Grande Boulevard and Griegos Road, near the Rio Grande Shops at Flying Star Plaza. Two buildings with five suites offer investment and future owner-user possibilities. Three suites in 3846 are leased through 2027; two vacant suites in 3848 offer immediate lease-up opportunities. After the applicable lease expires, Suite A in 3846 could serve as a 2-bedroom/1-bath residence with a full kitchen, dining and living room. With modifications to connect Suite B internally, the residence could expand to 3 bedrooms/2 baths with a second living or work space, subject to required approvals. Pursue a five-suite rental investment or plan for future residential occupancy while retaining income. The prominent corner lot offers exposure along two established roads near shopping and dining. MX-M mixed-use zoning supports a range of potential uses, subject to applicable requirements and approvals.

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Listing Snapshot
Price 
$600,000
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,037 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
N/A
MLS Number 
1112914
Status 
Active
Property Tax 
$5,831.54
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
6 days agoStatus changed to Active
4 weeks agoListing first seen on site
General Features
Acres 
0.21
Building Features 
PrivateRestroomsStorage
Disclosures 
Ranm2100 Disclosure
Land Lease 
No
Number Of Stories 
1
Parking 
GuestOn Site
Parking Spaces 
11
Property Sub Type 
Mixed Use
SqFt Total 
3037
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Zoning 
MX-M*
Interior Features
Cooling 
DuctlessEvaporative Cooling
Heating 
Natural Gas
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Exterior Features
Construction Details 
AdobeFrameStucco
Road Frontage 
City Street
Community Features
MLS Area 
101 - Near North Valley
Financing Terms Available 
CashConventionalFHALease OptionVA Loan
Roads 
Asphalt
Listing courtesy of Keller Williams Realty



Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southwest MLS, Inc..
Data last updated at: 2026-10-28 12:59 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Save
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Tour
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$600,000
29 Days On Site

3848 Rio Grande Boulevard NW
Albuquerque, NM 87107

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
3,037
SqFt
$198
/SqFt
County:
Bernalillo
Call Now: 505 401-7500
Is this the listing for you? We can help make it yours.
505 401-7500
3848 Rio Grande Boulevard NW3848 Rio Grande Boulevard NW3848 Rio Grande Boulevard NW3848 Rio Grande Boulevard NW
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

Enter an interest rate to see your estimated monthly payment.
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Corner visibility, North Valley appeal and in-place income meet at Rio Grande Boulevard and Griegos Road, near the Rio Grande Shops at Flying Star Plaza. Two buildings with five suites offer investment and future owner-user possibilities. Three suites in 3846 are leased through 2027; two vacant suites in 3848 offer immediate lease-up opportunities. After the applicable lease expires, Suite A in 3846 could serve as a 2-bedroom/1-bath residence with a full kitchen, dining and living room. With modifications to connect Suite B internally, the residence could expand to 3 bedrooms/2 baths with a second living or work space, subject to required approvals. Pursue a five-suite rental investment or plan for future residential occupancy while retaining income. The prominent corner lot offers exposure along two established roads near shopping and dining. MX-M mixed-use zoning supports a range of potential uses, subject to applicable requirements and approvals.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$600,000
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,037 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
N/A
MLS Number 
1112914
Status 
Active
Property Tax 
$5,831.54
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
6 days agoStatus changed to Active
4 weeks agoListing first seen on site
General Features
Acres 
0.21
Building Features 
PrivateRestroomsStorage
Disclosures 
Ranm2100 Disclosure
Land Lease 
No
Number Of Stories 
1
Parking 
GuestOn Site
Parking Spaces 
11
Property Sub Type 
Mixed Use
SqFt Total 
3037
Utilities 
Natural Gas AvailableCable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected
Zoning 
MX-M*
Interior Features
Cooling 
DuctlessEvaporative Cooling
Heating 
Natural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
AdobeFrameStucco
Road Frontage 
City Street
Community Features
MLS Area 
101 - Near North Valley
Financing Terms Available 
CashConventionalFHALease OptionVA Loan
Roads 
Asphalt
Listing courtesy of Keller Williams Realty



Listing information is provided by Participants of the Southwest MLS, Inc. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Southwest MLS, Inc..
Data last updated at: 2026-10-28 12:59 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
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