3426 Vassar NE Dr Albuquerque, NM 87107-2063
Property profile & analytics
3426 Vassar NE Dr, Albuquerque, NM 87107-2063
- Warehouses
- 7,776 SF
- 0.79 lot acres
Property ID
US61-0265927
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.
Location Intelligence
Current Use by Public Records
- Roadrunner Auctions / Trade Show Venue / (Bike/Boat/Book/etc) Store
- Southwest Furniture / Production Facility / Furniture & Home Goods
- Bien Loca Industries / Agricultural Service
- Sandia Decorators / Painting Service / General Contractor
Property Details for 3426 Vassar NE Dr
- Year built
- 1976
- Lot size
- 0.79 lot acres
- Property type
- Warehouses
- APN
- 1-016-060-210-099-3-04-27
- APU
- 101606021009930427
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $890,000
- 6.5%
- $820,000
- 7%
- $760,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $650,000
Market price range: $249k - $665k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,095,000
- COMMERCIAL (GENERAL)
- $980,000
- RETAIL STORES
- $820,000
- RESTAURANT
- $815,000
- OFFICE BUILDING
- $665,000
- AUTO REPAIR, GARAGE
- $585,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.615
- Latitude
- 35.1193
- 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
$10,671
$65,406
$157,025
$222,431
-
$196,238
$471,121
$667,359
