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Property profile & analytics

1010 3rd NW St Albuquerque, NM 87102-2234

  • Warehouses
  • 9,940 SF
  • 0.16 lot acres
OFF-MARKET
Last Sale
Feb 07, 2020
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US61-0115904
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 1010 3rd NW St

Year built
1926
Lot size
0.16 lot acres
Property size
9,940 SF
Property type
Warehouses
APN
1-014-058-275-250-4-38-13
APU
101405827525043813

Description

This exceptional 9,940-square-foot industrial building presents a unique investment opportunity in Albuquerque's vibrant downtown area. Located at 1010 3rd St SW, this three-story flex/warehouse property sits on a 0.16-acre lot and is zoned MX-M, allowing for a wide range of uses, including live/work spaces, cannabis-related businesses, automotive services, storage facilities, and more. The building boasts a desirable open clear-span floor plan in the front, while the rear features three stories, including a full basement currently utilized for storage. Key features include one loading dock, convenient alley access, a gated and covered parking/storage area, and two electric services—one of which provides 3-phase high amperage output. Its prime downtown location offers easy access to courthouses and local breweries, making it an attractive proposition for diverse businesses. The property is currently vacant and available for immediate occupancy under a NNN lease. This is a rare chance to acquire a versatile industrial space in a rapidly developing Opportunity Zone. The building's size, zoning, and amenities make it suitable for a variety of commercial ventures. Don't miss this chance to own a piece of Albuquerque's thriving downtown core.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.648
Latitude
35.0944
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,073
$8,488
$47,075
$55,563
-
$25,466
$141,240
$166,706
More about this property
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