3426 Vassar NE Dr Albuquerque, NM 87107-2063
This 2,000-square-foot Albuquerque property offers a unique blend of office and warehouse space, previously utilized for cannabis packaging and manufacturing. The building features a secure warehouse area equipped with a cage safe, a comprehensive security system, and a reinforced garage door, all remnants of its previous use. Two bathrooms are conveniently located—one in the warehouse and another in the front office area. The space is cooled by refrigerated air. The property boasts ample parking directly in front and benefits from excellent access to major transportation arteries, with its strategic location near I-25 and I-40 allowing for easy access for large trucks. The wide alleyway behind the building easily accommodates large vehicle traffic. The current electrical system is single-phase, but upgrade potential to three-phase exists. The monthly rent is $2,800, and the tenant is responsible for all utilities. This adaptable space presents a compelling opportunity for businesses seeking a secure and well-equipped facility in a prime Albuquerque location.
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Roadrunner Auctions Trade Show Venue (Bike/Boat/Book/etc) Store
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Southwest Furniture Production Facility Furniture & Home Goods
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Bien Loca Industries Agricultural Service
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Sandia Decorators Painting Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.