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    1100 3Rd St Albuquerque, NM 87102

    For Lease
    Contact for pricing

    11,500 SF Warehouse, Flexible Lease Options

    Lot size:
    11,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Albuquerque warehouse, located at 1100 3rd St NW, offers 11,500 square feet of versatile industrial space for lease. The property is zoned MX-M and situated in Bernalillo County, New Mexico, zip code 87102. The building features a 13.5-foot ceiling height, perfect for various storage and operational needs. Multiple tenants are welcome, with a minimum leasable space of 4,000 square feet and a maximum contiguous space of 7,500 square feet. Currently, the entire 11,500 square feet is available. The property boasts convenient access via one grade-level drive-in door. The building is served by single-phase power. A significant advantage is the inclusion of a fully fenced yard, providing ample outdoor space for storage, loading, or other operational requirements. This prime downtown location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a functional and strategically located warehouse in Albuquerque's vibrant urban core. The property is ready for immediate occupancy. Inquire today for lease terms and availability.

    Property Features for 1100 3Rd St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,500 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,800 SF

    HighLights

    • $3,500/month Modified Gross Rent
    • Approximately 4,000 square feet
    • 7,500 square foot fully fenced yard
    • 13.5‑foot ceiling height
    • One 10' x 10' grade‑level overhead door
    • MX‑M zoning
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Watson Custom Builders ... Custom Home Builder

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm 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
    Bernalillo
    State
    New Mexico
    Longitude
    -106.648059
    Latitude
    35.0950289

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    FAQs

    What type of property is this?
    Distribution property - 11,500 SF Warehouse, Flexible Lease Options
    Where is this distribution property located?
    The property is located at 1100 3Rd St Albuquerque, NM.
    What are key features of this property?
    This property features: $3,500/month Modified Gross Rent; Approximately 4,000 square feet; 7,500 square foot fully fenced yard
    Request Owner's contact information
    1100 3Rd St Albuquerque, NM 87102
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    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
    1100 3Rd St Albuquerque, NM 87102
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