2112 2Nd StAlbuquerque, NM 87102

  • Warehouses
  • 8,000 SF
For Lease
$11/SF/YR View listing

Property Details for 2112 2Nd St

Year built
1945
Lot size
1.93 AC
Property size (Sq ft)
8,000 SF
Property type
Warehouses
APN
1-014-056-145-179-3-09-04
APU
101405614517930904

Description

This exceptional 4,100 square foot warehouse space is ideally situated at 2112 2nd St. SW. The property boasts a fenced yard, providing ample secure outdoor storage. The interior features recently completed renovations, including a new roof, upgraded insulation, LED lighting, and remodeled restrooms, ensuring a modern and efficient workspace. Ceiling heights range from 10 to 18 feet, offering versatile storage and operational capabilities. Access is convenient via a grade-level roll-up door. The space is currently vacant and immediately available for lease. The zoning designation is NR-GM, making it suitable for a variety of industrial uses, including cannabis-related businesses. The lease rate is $11.00 per square foot, plus $1.25 per square foot in NNN charges, resulting in a monthly cost of $4,185.41. This is a single, contiguous space, with no possibility of dividing it further. The property is ready for immediate occupancy and presents a unique opportunity for businesses seeking a well-maintained, modern warehouse in a convenient location. The minimum leasable space is 4,100 square feet, and the maximum contiguous space available is also 4,100 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,323,291
    Hospitality
    $1,212,127
    Educational
    $1,008,476
    Medical
    $1,043,159
    Retail
    $1,568,740

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0635
Longitude
-106.652
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
$11,283
$45,470
$158,522
$203,992
-
$136,425
$475,615
$612,040

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