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    1235 Aspen Ave NW Albuquerque, NM 87104

    For Sale
    $1,900,000

    Industrial property with easy access to major transportation routes.

    Property size:
    19,100 SF
    Lot size:
    2.01 Acres

    Property Features for 1235 Aspen Ave NW

    General Information

    Size
    19,100 SF
    Lot size
    2.01 Acres

    Source: RESOLUT RE Agent Billy Lehmann

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

    Overview

    Industrial Property with Rail Access

    This industrial property offers access from 12th Street and Aspen Avenue. It provides convenient access to I-40 and I-125. The property is located on the Rail Trail 7-Mile loop. The property size is 19100 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Alessi Hartigan Casting ... Entertainment Agency The Costume House @ Monumental ... Costume Rental Service Monumental Costume Rentals ... Costume Rental Service Monumental Services Film Production Company

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage 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
    -106.6589261
    Latitude
    35.102984

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    FAQs

    What type of property is this?
    Industrial property - Industrial property with easy access to major transportation routes.
    Where is this industrial property located?
    The property is located at 1235 Aspen Ave NW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Easy access to I-40 and I-125; - On Rail Trail 7-Mile loop; - Access from 12th St
    (505) 459-1433
    Request Owner's contact information
    1235 Aspen Ave NW Albuquerque, NM 87104
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    Albuquerque, NM 87104
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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
    1235 Aspen Ave NW Albuquerque, NM 87104
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