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    3750 Prince St Albuquerque, NM 87105

    For Sale
    $3,175,524

    Prime Albuquerque industrial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10.8-acre parcel of land presents a rare opportunity for industrial development in Albuquerque's South Valley. Located at 3750 Prince St SE, Albuquerque, NM 87105, this property boasts a highly desirable M-2, Heavy Industrial zoning designation within Bernalillo County. The land is conveniently situated on the east side of Prince Street, just north of Rio Bravo Boulevard, providing easy access to Interstate 25. This strategic location offers significant advantages, including a quick commute to the Albuquerque International Airport, estimated at just 11 minutes away. The asking price for this expansive property is $3,175,524, translating to a rate of $6.75 per square foot. Given its size, zoning, and convenient location, this property is well-suited for a variety of industrial uses and represents a compelling investment opportunity in a thriving market. Serious inquiries are encouraged to explore the potential of this exceptional industrial land offering. The property is offered for sale by owner.

    Property Features for 3750 Prince St

    General Information

    Property type
    Land
    Lot Size
    470,448 SF

    HighLights

    • $3,175,524 asking price.
    • 10.8‑acre industrial land parcel.
    • M‑2 Heavy Industrial zoning, Bernalillo County.
    • Located on Prince St SE, Albuquerque, NM 87105, near Rio Bravo Blvd and I‑25.
    • 11‑minute proximity to Albuquerque International Airport.
    • For sale by owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Big Al's Albuquerque ... Portable Toilet Supplier

    Suggested Use

    Restaurant Building Supply Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness Pharmacy Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6499706
    Latitude
    35.0313221

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    FAQs

    What type of property is this?
    Land - Prime Albuquerque industrial land, ideal for development.
    Where is this land located?
    The property is located at 3750 Prince St Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $3,175,524.
    What are key features of this property?
    This property features: $3,175,524 asking price.; 10.8-acre industrial land parcel.; M-2 Heavy Industrial zoning, Bernalillo County.
    Request Owner's contact information
    3750 Prince St Albuquerque, NM 87105
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    Albuquerque, NM 87105
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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
    3750 Prince St Albuquerque, NM 87105
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