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    2211 Commercial St Albuquerque, NM 87102

    Sponsored
    For Sale
    $2,000,000

    Industrial warehouse, fenced yard, great access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.53-acre warehouse property, located at 2211 Commercial St NE in Albuquerque, New Mexico, 87102, presents a compelling investment opportunity. Priced at $2,000,000, the property boasts a highly desirable location, strategically positioned just north of I-40 and west of I-25, ensuring convenient access to major transportation arteries. The warehouse itself is zoned MX-M, offering flexibility for a variety of industrial uses. The property includes a small, fenced yard providing ample parking space, a significant advantage for businesses requiring secure storage or vehicle access. Furthermore, the warehouse features grade-level loading docks, accommodating both truck and semi-truck deliveries, streamlining logistics and enhancing operational efficiency. This turnkey property is ready for immediate occupancy and represents a rare opportunity to acquire a well-situated industrial asset in a thriving Albuquerque market. The property's central location and practical features make it an ideal choice for businesses seeking a functional and accessible warehouse space.

    Property Features for 2211 Commercial St

    General Information

    Property type
    Distribution properties
    Lot Size
    23,087 SF

    HighLights

    • $2,000,000 asking price.
    • 0.53‑acre lot in Albuquerque, NM.
    • Industrial warehouse property zoned MX‑M.
    • Excellent location near I‑25 and I‑40 interchanges.
    • Features a small, fenced yard with parking.
    • Includes grade‑level loading docks accommodating trucks and semi‑trucks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grimco, Inc. Wholesaler

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -106.6422743
    Latitude
    35.1071604

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    FAQs

    What type of property is this?
    Distribution property - Industrial warehouse, fenced yard, great access.
    Where is this distribution property located?
    The property is located at 2211 Commercial St Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price.; 0.53-acre lot in Albuquerque, NM.; Industrial warehouse property zoned MX-M.
    Request Owner's contact information
    2211 Commercial 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
    2211 Commercial St Albuquerque, NM 87102
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