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    5231 San Mateo Blvd Albuquerque, NM 87109

    Sponsored
    For Lease
    $17 SF/Yr ($13,407 /Mo)

    9,300 SF Multi-Tenant Industrial Building

    Lot size:
    9,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Albuquerque industrial property, located at 5231 San Mateo Blvd NE, offers 9,300 square feet of versatile space in a prime location. The building, constructed with a single story and 15-foot ceilings, features two suites, with one suite currently available for lease at 5,200 square feet. The property is zoned NR-LM (non-residential light manufacturing), making it suitable for a variety of uses including refrigerated/cold storage, manufacturing, flex space, warehouse, and distribution. The building underwent renovations in 2019. Ample parking is provided with 23 spaces available. The property boasts robust power capabilities, featuring 3-phase 600-amp service. Its strategic location in the North San Mateo corridor offers high traffic counts and proximity to major thoroughfares like I-25 and national retailers. The cross street is Lincoln. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located industrial space in Albuquerque, New Mexico, zip code 87109.

    Property Features for 5231 San Mateo Blvd

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,300 SF
    Total Rate
    13407.5

    Building Details

    Year Renovated
    2019
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite B
    Size
    5,200 SF
    Rate per SF
    $17

    HighLights

    • 9,300 SF single‑story industrial building in Albuquerque, NM.
    • 5,200 SF suite available for lease.
    • NR‑LM zoning allows for various uses including cold storage, manufacturing, and distribution.
    • 2019 renovations.
    • 23 parking spaces.
    • 3‑phase 600‑amp power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Daft Republic Cannabis Store Bliss Nails And Day ... Nail Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.58680895389
    Latitude
    35.141950755397

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - 9,300 SF Multi-Tenant Industrial Building
    Where is this refrigerated / cold storage located?
    The property is located at 5231 San Mateo Blvd Albuquerque, NM.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 9,300 SF single-story industrial building in Albuquerque, NM.; 5,200 SF suite available for lease.; NR-LM zoning allows for various uses including cold storage, manufacturing, and distribution.
    Request Owner's contact information
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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
    5231 San Mateo Blvd Albuquerque, NM 87109
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