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New Mexico Lawyers Serving New Mexico's Legal Needs Since 1997

commercial real estate Archives

The future of commercial real estate in Albuquerque

It is no secret that New Mexico’s commercial real estate market has lagged behind other regions in the southwest when it comes to growth. However, performance with retail and multifamily housing is in line with historical averages. Because of this, it is increasingly important for entrepreneurs and real estate investors to carefully analyze the potential of real estate, particularly distressed properties in order to make sound business decisions.

To Whom Should You Ask Your Real Estate Questions?

Real estate agents and Realtors are very knowledgeable about many aspects of property. They often have insight on which neighborhoods are "hot," and which upgrades and home renovations yield the largest return on investment. They are also entitled to execute very limited legal functions, including preparing offers and preparing purchase agreements.

Basic steps in commercial property valuations

The basic tenet of real estate investing is to buy low and sell high. While that may seem simple enough, determining the actual worth of a property is not always easy. Several factors are in play, including the current state of the property, the extent of repairs or renovations required to make the property ready for the proposed use, as well as any zoning regulations that may affect the property.

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Giddens & Gatton Law, PC
10400 Academy Road NE
Suite 350
Albuquerque, NM 87111

Phone: 505-273-3720
Fax: 505-271-4848
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