8450 Pan American FwyAlbuquerque, NM 87113

Property Details for 8450 Pan American Fwy

Year built

2003

Lot size

2.03 AC

Property size (Sq ft)

25,824 SF

Property type

Warehouses

APN

1-018-064-147-196-3-08-17

APU

101806414719630817

Description

This ±4,746 square foot warehouse space in Albuquerque, New Mexico, is available for sublease. Located at 8450 Pan American Fwy NE, 87113, this 2003-built industrial property offers multiple tenancy and features 16' to 18' ceiling heights. The warehouse boasts two 20' x 14' drive-in, roll-up doors, providing convenient access for loading and unloading. A small, refurbished office space is included, complete with an in-suite restroom and HVAC. Ample parking is available, with a 3:1000 parking ratio. The property is zoned NR-LM and benefits from 125 amps of 3-phase power, making it suitable for a variety of industrial uses. Its prime location offers easy access to the I-40/I-25 interchange, just four minutes away, ensuring excellent transportation links. This Bernalillo County property presents a compelling opportunity for businesses seeking efficient and well-equipped warehouse space in a strategic location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,906,660

  6.5%

  $7,298,460

  7%

  $6,777,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,518,650

  Geo Method

  $3,413,730

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $3,805,110

  Mixed-Use / Specialty

  $3,840,800

  Hospitality / Lodging

  $2,882,000

  Office

  $3,869,290

  Institutional / Educational

  $4,010,490

  Residential Income

  $4,692,270

  Multifamily

  $5,354,600

  Automotive / Energy

  $3,437,560

  Parking / Income-Based Land

  $1,137,600

  Restaurant / Food Service

  $2,102,750

  Healthcare / Senior Housing

  $3,888,160

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.1797

Longitude

-106.581

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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