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Property profile & analytics
OFF-MARKET Estimated value $1,615,000
Warehouses

4019 Edith NE Blvd Albuquerque, NM 87107-2259

16,938 SF 8.56 ac lot Built 1957
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US61-0272741
Property summary
AI-generated overview

This exceptional 142,570 square foot industrial warehouse is ideally situated in Albuquerque's North Valley submarket. The single-story building offers a 16-foot ceiling height, providing ample vertical space for various storage and operational needs. The property features multiple tenancies, making it suitable for a variety of businesses or potential subdivision. Convenient access to both I-40 and I-25 interstates ensures seamless transportation and logistics. The warehouse boasts two loading docks and one dock-high door, facilitating efficient loading and unloading of goods. Located in Bernalillo County, New Mexico, with the full address being 4019 Edith Blvd NE, Albuquerque, NM 87107, this property presents a compelling opportunity for businesses seeking a strategically located and well-equipped warehouse space. The property's size and features make it suitable for a wide range of industrial uses. Its prime location offers easy access to major transportation arteries, significantly reducing commute times and improving overall operational efficiency. This is a rare opportunity to acquire a substantial warehouse in a highly desirable area.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1957
Total area 16,938 SF
Lot 8.56 ac (372,874 SF)
APN 1-015-060-114-211-3-14-11
UPID US61-0272741
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
Current use
Occupant on record · Public records
  • New Mexico Freight Express Llc Freight Service Logistics Company
  • Big D Floor Covering Supplies Carpet & Flooring Store Hardware & Home Improvement
  • Northern Radiator Distribution Center Logistics Company
  • Trinity Technical Corporation Engineering Consultant
  • Cinemagic Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.79M
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.62M
Owner & transaction history
Lifequest Property 1 LLC · 20 yrs held
Lifequest Property 1 LLC
since 2005
2 recorded transactions
2005
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $2.4M +149.5%
Commercial (general) $2.1M +123.5%
Retail stores $1.8M +86.3%
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