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    1824 2Nd St NW Albuquerque, NM 87124

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    For Sale
    $1,195,000

    Industrial property featuring easy access, secure yard, and drive-in doors.

    Property size:
    10,632 SF
    Lot size:
    0.23 Acres

    Property Features for 1824 2Nd St NW

    General Information

    Size
    10,632 SF
    Lot size
    0.23 Acres

    Source: CBRE | Albuquerque Agent Jim Smith CCIM SIOR

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

    Overview

    Industrial Property with Secure Yard

    This industrial property offers 10,632 square feet of flex space, suitable for warehouse and other industrial uses. Each building includes one drive-in door. The property is zoned NR GM and features a secure yard. It benefits from easy access to I-40 and is adjacent to the proposed “Rail Trail”. Please do not disturb the tenant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TP Pump And Pipe Pipe Supplier TP Pump & Pipe ... Pump Supplier Laron Air (Quincy ... Wholesaler

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6455807
    Latitude
    35.1026441

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    FAQs

    What type of property is this?
    Flex space - Industrial property featuring easy access, secure yard, and drive-in doors.
    Where is this flex space located?
    The property is located at 1824 2Nd St NW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Easy access to I-40; - Secure yard; - Adjacent to the proposed “Rail Trail”
    (505) 975-5883
    Request Owner's contact information
    1824 2Nd St NW Albuquerque, NM 87124
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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
    1824 2Nd St NW Albuquerque, NM 87124
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