Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30753105
Property Subtypes: Free-Standing, Mixed Use, Office Showroom, Warehouse/Distribution, Other
Status: Pending/Contingent
Building Size (RSF): 5,600 SF
Gross Building Area: See Agent
Sale Price: $560,000
Unit Price: $100 PSF
Ceiling: 15.5 ft.
Docks/Doors: 1 Door
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2021

Overview / Comments


This steel construction warehouse includes 5,600 square feet of free-span space on a hard-corner lot. It is in pristine condition because it has been used as a martial arts studio rather than as an industrial site.

The property is located east of Carlisle Blvd and south of Menaul Blvd in that ever-popular cluster of industrial and retail buildings in a quadrant of the Northeast Heights near I-40 and San Mateo.

A new roof was installed in 2013. The ceiling height varies between 14.50 and 15.50 feet. There are 16 parking spaces. Access to the interior of the building is via a shatter-resistant front door that is part of a replaceable building wall panel that where a glass façade at least 18 feet wide and 10 feet high could be installed.

There are two bathrooms, two evaporative coolers (one to be replaced) and three suspended natural gas heaters. A large propeller-sized fan is mounted in the center of the interior space that the owners intend to exclude from the sale. One ground level dock door of 12’x10’ exists in the front side of the building, and two conventional access doors are on either side of the building. An alley exists street-to-street on the east side of the building.

The building is chain link-fenced, but the parking lot is not. Curb cuts exist on Jefferson and Prospect. The water main is on Prospect. A dumpster is contained within a block protective wall. An office space used by the current owners of about 640 square feet can be removed or reduced in size.

At the corner of Jefferson and Prospect is an operable pylon sign.

Zoning under the IDO is NR-C.

A blink camera security monitoring system currentlyu is connected to Verizon. A more robust security system is available that includes all wired contacts but requires a new head unit to become operational.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Northeast
Tax ID/APN: 101705933620641201
Zoning: NR-C - Non-residential: Commercial
Property Located Between: Carlisle and San Mateo, south of Menaul
Highway Access: Near I-40
Airports: Albuquerque International
Site Description: Level.
Number of Stories: 1
Property Condition: Excellent
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Total Parking Spaces: 16
Column Spacing: No columns
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Evaporative Cooler
Lighting: Fluorescent, Incandescent
Zoning Description: NR-C
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,800 147,817 346,619
Median Age: 37.73 36.39 38.07
Households: 8,023 66,664 151,208


Photograph of Listing Agent

Ray Regan

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