115 Veranda RdAlbuquerque, NM 87107

  • Industrial properties
  • 2,700 SF
For Sale
$1,161,000 View listing

Property Details for 115 Veranda Rd

Year built
1980
Lot size
0.19 AC
Property size (Sq ft)
2,700 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
1-014-060-510-132-4-17-09
APU
101406051013241709

Description

This exceptional investment opportunity presents two warehouse buildings situated at 115 and 117 Veranda Rd NW, Albuquerque, NM 87107, in Bernalillo County. The property boasts a combined square footage ranging from 2,700 to 5,040 square feet, priced at $150 per square foot, totaling $1,161,000. The buildings, each single-story, feature a mix of warehouse and office space. One building offers approximately 77% warehouse space and 23% office space, while the other has roughly 90% warehouse and 10% office. Loading capabilities are enhanced by three loading docks. Ceiling heights vary, ranging from 10'7" to 16'7", with one area featuring a 12' clear ceiling height. Access is provided by one 9' roll-up garage door and two 12' ground-level roll-up doors. Electrical service includes 200 amp, 240V single-phase power. The property sits on a lot ranging from 0.2 to 0.5 acres and is zoned NR-LM. The property's convenient location is northeast of 2nd Street and Candelaria, making it an attractive option for various industrial uses. APN numbers are 101406051013241709 and 101406050213541707.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $442,624
    Hospitality
    $405,441
    Educational
    $337,323
    Medical
    $348,924
    Retail
    $524,724
115 Veranda Rd, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1203
Longitude
-106.64
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
$2,081
$16,869
$20,756
$37,625
-
$50,611
$62,274
$112,885

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