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Property profile & analytics
OFF-MARKET
Warehouses

40 Rt. 66 Albuquerque, NM 87123

1,000 SF 5.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Albuquerque property presents a unique owner-user or investment opportunity. Located at 40 U.S. Rt. 66, this 1,000 square foot warehouse sits on a sizable 5.38-acre lot, offering ample space and potential. The property is fully fenced, providing a secure commercial yard. Its convenient location offers easy freeway access, enhancing both accessibility and logistical efficiency. The building itself is zoned C-1 and M-H, allowing for a variety of commercial and industrial uses. This live/work opportunity is ideal for businesses seeking a combination of workspace and potential residential use, subject to zoning regulations. The asking price is $475,000, and owner financing is available, making this an attractive proposition for buyers seeking flexible payment options. The property is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. This versatile property combines the benefits of a well-located warehouse with the expansive space of a large lot, presenting a compelling investment or owner-user opportunity in a thriving Albuquerque market.

Property profile
Verified
Property type Warehouses
Total area 1,000 SF
Lot 5.38 ac (234,353 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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