Algodones I-40 Frontage Warehouse
Industrial
for Sale
| Catylist Listing ID: |
30024182 |
| Property Subtypes: |
Flex Space, Manufacturing, Light Industrial, Warehouse/Distribution
|
| Building Size (RSF): |
3,300 SF
|
| Gross Building Area: |
6,300 SF |
| Gross Land Area: |
1 - 3.07 Acres
|
| Sale Price: |
$250,000 |
| Unit Price: |
$75.76 PSF |
| Docks/Doors: |
1 Door |
| Drive In Bays: |
1 Bay |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
3,300 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/29/2020 |
Overview / Comments
Great I-25 Frontage, very visible from the interstate, over 3 acres. Average daily traffic according to DOT 2017 study was 50,000. There is a 3300sf building with 8Ft clear span ceilings that can be used for Light manufacturing, office and industrial use. New Well and controls in 2019, new master cool units (2) in 2016. There is another 3000 sf building that is not usable in the condition it’s in. This was the old Rafael's Bar that was open there for years. 2 remaining lots are vacant and open for development with 3 phase and single-phase power, and natural gas available. All three lots are easily accessible from the Algodones freeway exit.
Options are Purchase all 3 acres and buildings for $450,000, Purchase 1 acre and the buildings for $250,000, purchase the vacant acre on the north for $125,000, purchase the vacant acre on the south for $100,000. Lease the vacant lots, the building or all of it, lease rate negotiable.
|
Additional Details
| Nearest MSA: |
Albuquerque |
| County: |
Sandoval |
| Tax ID/APN: |
1024078369135 |
| Highway Access: |
I-25 |
| Site Description: |
Very Level, great access. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Roof Type: |
Gable |
| Construction/Siding: |
Stucco |
| Parking Type: |
Surface |
| Column Spacing: |
open |
| Sprinklers: |
None |
| X-Phase: |
3phase to property |
| Heat Type: |
Other |
| Air Conditioning: |
Evaporative Cooler |
| Lighting: |
Fluorescent |
| Interior Description: |
Large open room |
| Zoning Description: |
Light Manufacturing, Commercial, industrial. |
| Water Service: |
Well |
| Sewer Type: |
Septic |
Demographic Statistics
| Proximity: |
5 miles |
| Total Population: |
9,271 |
| Median Age: |
41.11 |
| Households: |
3,147 |
|
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