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Property summary
This exceptional Class A industrial warehouse, completed in December 2021, offers 3,230 square feet of space on a 0.84-acre lot in Albuquerque, NM. The property features a 12-foot ceiling height, eight parking spaces, and is zoned NR-C. The building boasts significant upgrades to HVAC, electrical, and security systems, along with a fire-resistant plyboard concrete floor with an industrial coating. Exterior improvements include a securely fenced yard with wrought-iron fencing, two locking walk gates, and two long sliding gates, providing ample security and privacy. A chain-link fence with barbed wire surrounds the storage yard. This location is ideal for various uses, including indoor horticulture, distribution, logistics, and research and development. The asking price is $1,450,000 ($448.92/sq ft). A non-disclosure agreement is required before a property visit. Located at 6119 Hanover Rd NW, Albuquerque, NM 87121.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Albuquerque market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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