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    1621 1St St NW Albuquerque, NM 87102

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    For Lease
    $11 SF/Yr ($4,791 /Mo)

    5,000 SF warehouse with fenced yard and office.

    Property size:
    5,000 SF
    Lot size:
    1.43 Acres

    Property Features for 1621 1St St NW

    General Information

    Size
    5,000 SF
    Lot size
    1.43 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

    Warehouse with Secured Yard

    This property features a total of 5,000 square feet, including a 3,800-square-foot warehouse area and a 1,200-square-foot office space. It also includes a 6,500-square-foot secured and paved fenced yard with a shaded parking structure. The warehouse is equipped with a 16' x 12' ground-level overhead door.
    Location Intelligence

    Current Use by Public Records

    Right Way Roofing ... Roofing Contractor

    Suggested Use

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

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

    Similar Places Nearby

    Self Storage, Prime-Self, Zippy Shell, Nearby Storage Units - Albuquerque, NM, Cheap Self storage

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6452481
    Latitude
    35.1001995

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    FAQs

    What type of property is this?
    Warehouse - 5,000 SF warehouse with fenced yard and office.
    Where is this warehouse located?
    The property is located at 1621 1St St NW Albuquerque, NM.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - 5,000 Total Square Feet with **3,800 SF warehouse & 1,200 SF office**; - Enjoy the **6,500 SF Secured & paved fenced yard**; - Shaded parking structure
    (505) 350-0296
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    1621 1St St NW Albuquerque, NM 87102
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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
    1621 1St St NW Albuquerque, NM 87102
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