3426 Vassar DrAlbuquerque, NM 87107

  • Warehouses
  • 7,776 SF
For Lease
$16.80/SF/YR View listing

Property Details for 3426 Vassar Dr

Year built
1976
Lot size
0.79 AC
Property size (Sq ft)
7,776 SF
Property type
Warehouses
APN
1-016-060-210-099-3-04-27
APU
101606021009930427

Description

This 2,000-square-foot Albuquerque property offers a unique blend of office and warehouse space, previously utilized for cannabis packaging and manufacturing. The building features a secure warehouse area equipped with a cage safe, a comprehensive security system, and a reinforced garage door, all remnants of its previous use. Two bathrooms are conveniently located—one in the warehouse and another in the front office area. The space is cooled by refrigerated air. The property boasts ample parking directly in front and benefits from excellent access to major transportation arteries, with its strategic location near I-25 and I-40 allowing for easy access for large trucks. The wide alleyway behind the building easily accommodates large vehicle traffic. The current electrical system is single-phase, but upgrade potential to three-phase exists. The monthly rent is $2,800, and the tenant is responsible for all utilities. This adaptable space presents a compelling opportunity for businesses seeking a secure and well-equipped facility in a prime Albuquerque location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,274,759
    Hospitality
    $1,167,672
    Educational
    $971,490
    Medical
    $1,004,900
    Retail
    $1,511,206

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1193
Longitude
-106.615
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
$10,671
$65,406
$157,025
$222,431
-
$196,238
$471,121
$667,359

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