11500 Linn AveAlbuquerque, NM 87123
- Auto shops
- 6,000 SF
Property Details for 11500 Linn Ave
- Year built
- 1986
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 6,000 SF
- Property type
- Auto shops
- APN
- 1-021-056-392-488-1-09-26
- APU
- 102105639248810926
Description
This exceptional Albuquerque property, located at 11500 Linn Ave NE, offers 6,000 square feet of versatile industrial space, ideal for automotive or flex uses. The property consists of four buildings situated on four separate parcels, totaling 0.5 acres. Each building boasts impressive features including 15'-18' pitched ceilings, 14' pull-through doors (multiple), and 3-phase power. Additional amenities include a paint booth (available), automotive lifts, and a gated yard. The property benefits from high visibility, with 100' of frontage on Central Ave (Route 66), and a monument sign. The zoning is MX-H SE Heights Sub-Market, and the property is conveniently located just half a mile from I-40, providing easy access to major transportation routes. The buildings are heated, cooled, and insulated, offering a comfortable and efficient workspace. Five utility services are available. This vacant property presents a unique opportunity for businesses seeking a robust and scalable operation in a prime Albuquerque location. The asking price is $750,000, with a price per square foot of $125.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,274,602
- 6.5%
- $1,176,555
- 7%
- $1,092,516
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,302,844
- Geo Method
- $1,249,214
-
Alternative Use
- Use
- Valuation
- Residential
- $992,468
- Hospitality
- $909,096
- Educational
- $756,357
- Medical
- $782,369
- Retail
- $1,176,555
Location Insight
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Latitude
- 35.0713
- Longitude
- -106.52
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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