7601 Los Volcanes RdAlbuquerque, NM 87121

For Sale
$729,317 View listing
  • Commercial real estate
  • 97,900 SF

Property Details for 7601 Los Volcanes Rd

Year built
2020
Property size (Sq ft)
97,900 SF
Property type
Commercial real estate
APN
1-010-058-149-174-3-07-01-AA
APU
101005814917430701AA

Description

This Albuquerque industrial property, located at 7601 Los Volcanes Rd NW, offers 14,755 square feet of space on a 1.504-acre lot. Priced at $729,317 ($11.13/SF), the property includes significant site improvements, such as 150 parking spaces and fully paved areas. The land itself is valued at $524,149 ($8.00/SF), with improvements valued at $205,168 ($3.13/SF). The property features 8' wrought iron fencing (west, north, and south) and 8' chain link fencing (east). Utilities including water and sewer are readily available on-site. Security is enhanced by a gated access point. The property is zoned NR-BP by the City of Albuquerque and benefits from convenient access to I-40. A conceptual site plan shows the existing building readily supports the 14,755 square foot footprint. A potential lease rate of $4,862 per month (NNN) is available. This property presents a compelling opportunity for businesses seeking a well-maintained industrial space in a strategic Albuquerque location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,193,750
    Hospitality
    $14,833,388
    Educational
    $12,341,205
    Medical
    $12,765,637
    Retail
    $19,197,430
7601 Los Volcanes Rd, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0935
Longitude
-106.724
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
$103,161
-
$2,150,271
$2,150,271
-
-
$6,451,458
$6,451,458

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