40 Rt. 66 Albuquerque, NM 87123
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.