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    4601 Paseo Del Norte NE Albuquerque, NM 87113-1502
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    Property profile & analytics

    4601 Paseo Del Norte NE, Albuquerque, NM 87113-1502

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    • Flex space
    • 38,112 SF
    • 3.23 lot acres
    Off-Market
    Last Sale Sep 29, 2021
    Property ID
    US61-0191750
    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.

    Value Estimations
    $975,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Flex space

    Property Details for 4601 Paseo Del Norte NE

    Year built
    1979
    Lot size
    3.23 lot acres
    Property type
    Flex space
    APN
    1-017-064-286-033-4-03-02
    APU
    101706428603340302

    Description

    This exceptional Albuquerque property, located at 4601 Paseo Del Norte NE, 87113, offers a unique blend of office and warehouse space, ideal for a variety of businesses. The single-tenant building boasts a total of 39,376 square feet, encompassing approximately 33,316 square feet of warehouse space and 6,080 square feet of office area. The warehouse features an impressive 18-foot ceiling height, providing ample vertical storage capacity. In addition to the listed square footage, there is a substantial 12,000 square foot mezzanine area available, offering further storage or operational space. The property benefits from excellent access and visibility, situated on the corner of Paseo del Norte and Jefferson Street. Loading and unloading are facilitated by four 10' x 10' dock-high doors, three 14' x 16' grade-level doors, one 10' x 10' grade-level door, and two 12' x 12' rail-high doors. The property sits on a 3.23-acre lot and was built in 1979. The zoning is NR-LM. The current master lease expires March 31, 2026. This presents a significant opportunity for owner-occupiers or investors seeking a well-located, versatile industrial property in Albuquerque, New Mexico.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $835,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,110,000
      Market price range: $1.11M - $1.64M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,365,000
      Current use
      RETAIL STORES
      $1,610,000
      Change: +18% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.595
    Latitude
    35.1753
    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
    $30,472
    $172,752
    $462,408
    $635,160
    -
    $518,308
    $1,387,362
    $1,905,670
    More about this property
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