11508 Linn AveAlbuquerque, NM 87123

  • Warehouses
  • 4,500 SF
For Sale
$540,000 View listing

Property Details for 11508 Linn Ave

Year built
1994
Lot size
0.34 AC
Property size (Sq ft)
4,500 SF
Property type
Warehouses
APN
1-021-056-408-487-1-09-22
APU
102105640848710922

Description

This exceptional Albuquerque investment opportunity comprises four buildings totaling 4,500 square feet on 0.34 acres, situated on four separate parcels in the SE Heights Sub-Market (MX-H zoning). Priced at $540,000 ($120/sq ft), this vacant property offers a unique blend of warehouse, flex, and auto shop space, ideal for various businesses. Each building boasts desirable features including 14'-18' clear ceiling heights, allowing for ample storage and operational space. The buildings are heated, cooled, and insulated, and benefit from 3-phase power and 5 utility services. Key features include two 10' doors, one 14' door, a 14'-17' pitch roof, and a clear-span layout. Select parcels feature monument signage, and a gated yard enhances security. Paint booths and equipment are available for purchase separately. The property's strategic location, just 1/2 mile from I-40, ensures high visibility and convenient access. This well-maintained complex presents a robust and scalable opportunity for automotive, industrial, or related businesses seeking a prime location with modern amenities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $744,351
    Hospitality
    $681,822
    Educational
    $567,268
    Medical
    $586,777
    Retail
    $882,417

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0712
Longitude
-106.519
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
$2,892
$28,138
$32,132
$60,270
-
$84,423
$96,407
$180,830

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