Industrial Warehouse with Rollup
3115 Claremont Ave NE Albuquerque, NM 87109
New
3115 Claremont Ave NE, Albuquerque, NM, 87109
$835,000
For Sale
$835,000
Versatile warehouse includes a loading dock, two rollup doors, and drive-around access on an NR-C zoned site.
Property Size5,400 SF
Lot Size0.33 Acres
Price / SF$154.63
Days on Market3
Property Features for 3115 Claremont Ave NE
General Information
- Standard status
- Active
- Size
- 5,400 SF
- Lot size
- 0.33 Acres
- Property subtype
- Retail
Listing agency
Coldwell Banker Legacy
(505) 400-2804
Listed by
Ariel Resnik · License #REC20250133
Source
Commercialcafe
Added: Jul 20 Updated: Jul 21 at 4:09AM Checked: Jul 21 at 4:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Legacy
Investment Insights
Based on property information with market context.
3115 Claremont Ave. NE presents a versatile industrial warehouse totaling 5,400 SF on a 14,084 SF site. The property includes a loading dock, two rollup doors, and drive-around access, supported by 3-phase electric. The site is listed with NR-C zoning and an Opportunity Zone designation.
The property is positioned in Albuquerque’s established North East corridor, with convenient access described as minutes from I-25, I-40, and the Big I.
The current improvements and configuration are geared toward warehouse, contractor, manufacturing, distribution, storage, or service use cases, with loading and service access through the dock and rollup doors.
The property is positioned in Albuquerque’s established North East corridor, with convenient access described as minutes from I-25, I-40, and the Big I.
The current improvements and configuration are geared toward warehouse, contractor, manufacturing, distribution, storage, or service use cases, with loading and service access through the dock and rollup doors.
Key Highlights
- 5,400 SF industrial warehouse on a 14,084 SF (0.326‑acre) site with NR‑C zoning
- Loading dock plus 2 rollup doors for warehouse and service use
- Drive‑around access suitable for flexible loading and service operations
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.4k | $8.40 |
| − Vacancy | −$1.8k | −$0.34 |
| EGI | $43.5k | $8.06 |
| − OpEx | −$6.5k | −$1.21 |
| NOI | $37.0k | $6.85 |
5,400 SF · lease $8.40/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$528.8K
$462.7K – $616.9K
NOI $37,014 @ 7.0% cap · market cap 4.43%
Second Best
Industrial
$464.1K
$406.1K – $541.5K
NOI $32,489 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,446 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Trade Mark's Used ...
Big Box & Wholesale Store
Similar For Sale Nearby
Similar Off Market Nearby
- AAA-U-Lock It & Self Storage — 2200 Candelaria Rd NE, Albuquerque, NM 87107
- Sandia Storage & Strut — 2240 Phoenix Ave NE F, Albuquerque, NM 87107
- Wild Wilbur's Self Storage — 2712 Girard Blvd NE, Albuquerque, NM 87107
- Midtown Self Storage LLC — 4339 Cutler Ave NE, Albuquerque, NM 87110
- Self Storage — 3301a Menaul Blvd NE, Albuquerque, NM 87107
FAQs
What type of property is this?
Warehouse - Versatile warehouse includes a loading dock, two rollup doors, and drive-around access on an NR-C zoned site.
Where is this warehouse located?
The property is located at 3115 Claremont Ave NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: 5,400 SF industrial warehouse on a 14,084 SF (0.326‑acre) site with NR‑C zoning; Loading dock plus 2 rollup doors for warehouse and service use; Drive‑around access suitable for flexible loading and service operations
