Absolute Real Estate Expands Service Area, Gains New Office Space

Qualifying broker, Mike Schlichte, purchases new office space in first commercial hay bale building in Albuquerque

Rio Rancho, NM / Mike Schlichte started Absolute Real Estate in 2008 and has dominated the Rio Rancho real estate market ever since. As a top 5% producer in the Albuquerque area for the last 10 years, it was time to expand their offices and have a more prominent presence in Albuquerque proper.

To learn more about Absolute Real Estate visit https://my505home.com/.

Schlichte purchased the commercial building in May 2022 and then the space underwent a three-month renovation. While hay bale construction isn’t new to New Mexico, it has typically been used for residential purposes. The new Absolute Real Estate building was actually the first commercial hay bale building in Albuquerque, built in 1996. 

To make the most of their new space, Schlichte split the building into five suites. The Absolute Real Estate team uses one suite and two others are currently being leased, one to a barber shop, and the other to a Reiki practitioner. Schlichte explained the remaining suites are Presidential Executive Suites.  The goal is to partner with tenants that make coming to work a joy, and potentially referral partners.

“The suites are large, and ideal for a single use like a therapist, chiropractor, massage therapist, or another professional in that vein.”

As for the reason for the move, Schlichte was ready to own his own space again. As an avid real estate investor himself, owning his own building for his business is a must. Schlichte sold his ownership interest in 661 Quantum Rd. (their Rio Rancho location) in early 2022 but had to ride out a two-year lease with his prior partners before making his next purchase.

The renovations and the original architecture make it a really wonderful location. It’s a pueblo-style building with three incredible old cottonwoods on the property. Schlichte stated 

“My wife, Danielle, and I were excited to modernize the property without losing the original Southwest design which features beautiful tongue and groove ceilings, rough cut cedar doors, and large viga-style beams throughout.  Danielle really hit a home run with the final design!”

Aside from the amenities of the building itself, it’s close to Alameda Open Space, and for the Realtors, it’s in the perfect location between Los Ranchos de Albuquerque, Corrales, and North Albuquerque Acres, three of the top communities in the Albuquerque Metro Area. 

About Absolute Real Estate

Absolute Real Estate is a private real estate brokerage owned by qualifying broker, Mike Schlichte. With seven other real estate brokers, Absolute Real Estate helps people all over the Albuquerque Metro Area buy and sell homes, as well as invest in real estate and land.

Media Contact

Mike Schlichte
(505) 318-6264
661 Quantum Rd. NE Ste. 11
Rio Rancho, NM