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