11019 Cochiti RdAlbuquerque, NM 87123

Property Details for 11019 Cochiti Rd

Year built

1960

Lot size

0.34 AC

Property size (Sq ft)

4,160 SF

Property type

Warehouses

APN

1-021-056-253-455-1-05-05

APU

102105625345510505

Description

This Albuquerque industrial property, located at 11019 Cochiti Rd SE, offers 7,500 square feet of versatile space ideal for a variety of uses. The property consists of three buildings on a 0.34-acre lot, zoned MX-M. Built in 1989 and extensively renovated in 2022, it features six individual units, each priced at $140,833.33. Ceiling heights range from 8 feet in office/living areas to 12-16 feet in warehouse spaces, accommodating diverse needs. The property includes two separately gated yards, a renovated tiny house, and three overhead doors (two 12'x10' and one 10'x10'). The asking price is $845,000, translating to $112.67 per square foot. Current tenants are in place and willing to renew leases upon closing, presenting immediate income potential for investors. This Class C property presents a unique opportunity for owner-users and investors alike, offering a blend of warehouse, office, and potential living space. The property's multi-unit structure and flexible layout provide significant adaptability for various business models. The recent renovations ensure modern functionality and efficiency. This is a turnkey opportunity in a desirable Albuquerque location.

• Alternative Use

  Use

  Valuation

  Residential

  $688,112

  Hospitality

  $630,306

  Educational

  $524,408

  Medical

  $542,443

  Retail

  $815,745

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0703

Longitude

-106.524

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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