You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $975,000
Flex space

4601 Paseo Del Norte NE Albuquerque, NM 87113-1502

38,112 SF 3.23 ac lot Built 1979
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US61-0191750
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1979
Total area 38,112 SF
Lot 3.23 ac (140,786 SF)
APN 1-017-064-286-033-4-03-02
UPID US61-0191750
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$835k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$975k
Owner & transaction history
Pmudo Abq LLC · 4 yrs held
Pmudo Abq LLC
since 2021
2 recorded transactions
2021
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.6M +18.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4601 Paseo Del Norte NE?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message