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    129 Rhode Island St NE Albuquerque, NM 87108

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    For Sale
    $300,000

    Secure warehouse with yard in northeast Albuquerque for sale.

    Property size:
    3,075 SF
    Lot size:
    0.23 Acres

    Property Features for 129 Rhode Island St NE

    General Information

    Size
    3,075 SF
    Lot size
    0.23 Acres

    Source: Realty One of New Mexico dba R1 Commercial Agent Chris Byrd

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

    Overview

    Secured Warehouse with Yard

    This secured warehouse with a small yard is available for purchase. Located in the northeast part of Albuquerque, just north of Central, this industrial warehouse offers 3075 square feet of space on a 0.23-acre lot. The warehouse features a bay door for easy access, accommodating semi-truck loading and unloading. The property includes bathrooms, a shower, and a fully functional kitchen, offering versatile uses. Security and privacy are enhanced by a sturdy security fence encircling the property. This property is suitable for secure storage, distribution, or production.
    Insight Report Location Intelligence

    Current Use by Public Records

    Lon Caster Plumbing ... Plumber

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5583144
    Latitude
    35.0760825

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    FAQs

    What type of property is this?
    Warehouse - Secure warehouse with yard in northeast Albuquerque for sale.
    Where is this warehouse located?
    The property is located at 129 Rhode Island St NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Secured property with sturdy security fence, ensuring high security and privacy.; - Bay door allows easy loading and unloading, even for semi-trucks.; - 3075 sq ft warehouse on a .23-acre lot suitable for storage, distribution, or production.
    (505) 710-5088
    Request Owner's contact information
    129 Rhode Island St NE Albuquerque, NM 87108
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    Albuquerque, NM 87108
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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
    129 Rhode Island St NE Albuquerque, NM 87108
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