Re-Development Opportunity

Office for Sale
Sale Pending
Catylist Listing ID: 30323708
Property Subtypes: Flex Space, Office Building, Other
Status: Pending
Building Size (RSF): 22,100 SF
Gross Land Area: 60,000 SF
Sale Price: See Agent
Ceiling: 11 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class D
Usable Size (USF): 22,100 SF
Sale Terms: Undisclosed, Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/19/2018

Overview / Comments

Priced at just $35 a foot. Property has rough-ins for a 4000-sqft restaurant fronting San Mateo. Rough-ins include, plumbing, electrical, and more. 10100-sqft was an event center. 8000-sqft is cool space ready for redevelopment. The property at one time was a call center for Lovelace and would make a good location for Office, a Call Center, Church, School or a possible Climate Control Storage Facility. This property has lots of possibilities to re-develop. The owner would consider financing the property for a short term.

Current Tenants

Tenant Business Name None

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Southeast
Tax ID/APN: ABQ179723
Zoning: MX-M - Mixed-use: Moderate Intensity
Property Located Between: San Mateo and Gibson
Property Visibility: Excellent
Highway Access: I-40 and I-25
Airports: Albuquerque
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 22,100 SF
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Total Parking Spaces: 84
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Interior Description: Cool Shell
Zoning Description: MX-L and MX-M
Lot Frontage: 200
Lot Depth: 250
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,411 97,357 250,686
Median Age: 37.77 34.7 36.57
Households: 7,315 43,250 108,684


Photograph of Listing Agent

Gary Bernier

Re/Max Exclusive CARNM CIE Member
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