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    325 Academy Dr Corrales, NM 87048

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    For Sale
    $2,450,000

    Industrial property in Corrales with income potential.

    Property size:
    26,286 SF
    Lot size:
    2.98 Acres

    Property Features for 325 Academy Dr

    General Information

    Size
    26,286 SF
    Lot size
    2.98 Acres

    Source: Base 5 Retail Partners Agent Brandon Saylor CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corrales Industrial Property For Sale

    This industrial property in Corrales, New Mexico, features two buildings and offers potential for various uses, including manufacturing, distribution, or the medical cannabis industry. The property includes a cell tower lease with AT&T, generating $14,400 of annual income. The lot spans approximately 2.9768 acres (129,670 square feet), with about 1.4 acres fenced and available for additional storage. Zoned C, Neighborhood Commercial Zone (Village of Corrales), the property has an on-site well (approximately 65 gpm) and septic system. Building B is equipped with multiple drop-down gas fire space heaters and rooftop-mounted evaporative cooling units. The property is suited for a company that can utilize one or both buildings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Albuquerque Juniors Volleyball Club Nieto Custom Builders, ... Contractor Premier Sports Multiplex Sports Complex

    Suggested Use

    Realty agency Law Firm Building Supply Clothing Store Gym & Fitness Wholesale Shop Accounting Firm Hotel & Motel Grocery Store Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corrales
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6064208
    Latitude
    35.2489377

    FAQs

    What type of property is this?
    Manufacturing property - Industrial property in Corrales with income potential.
    Where is this manufacturing property located?
    The property is located at 325 Academy Dr Corrales, NM.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: - High annual income from AT&T cell tower lease ($14,400).; - Large lot size: ±2.9768 acres (±129,670 SF) with fenced storage area.; - Zoned C, Neighborhood Commercial Zone (Village of Corrales).
    (505) 350-0296
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    325 Academy Dr Corrales, NM 87048
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    325 Academy Dr
    Corrales, NM 87048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    325 Academy Dr Corrales, NM 87048
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