1235-1237 Aspen Ave NW - Warehouse FOR SALE


Albuquerque, NM 87104
$2,100,000 USD
505-337-0777
1235-1237 Aspen Ave NW, Albuquerque, NM for Sale
$2,100,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

1235-1237 Aspen Ave NW
Albuquerque, NM 87104


HIGHLIGHTS

  • 8 Dock high doors
  • 14-18 ft clear height
  • 3 phase power
  • Access from 12th St and Aspen
  • Easy Access to I-40 and I-125

OVERVIEW

1235 Aspen Ave, Albuquerque, NM, offers a rare and exciting opportunity for industrial real estate investors or businesses in need of expansive space. This 19,100-square-foot industrial warehouse is situated on a 2.1 acre lot with a large yard, providing both indoor and outdoor storage and operational flexibility. The property is well-suited for various industrial, manufacturing, or distribution purposes, with ample room for customization and future expansion. Key Features: 19,100 Sq. Ft. Industrial Warehouse: The building offers a vast, open interior space that can accommodate heavy equipment, machinery, or inventory. The warehouse features high ceilings, doc high doors, and drive-in access for easy access and movement of goods. Large Yard: The expansive yard offers a generous amount of outdoor storage or space for parking large vehicles, trucks, and heavy machinery. This makes the property ideal for businesses with equipment or large-scale inventory needs. High-Volume Potential: With its significant square footage, the warehouse is suitable for a wide range of industrial applications, from manufacturing and light assembly to warehousing, distribution, and storage. The open space and large yard provide room for trucks and loading docks, which is essential for logistics-heavy businesses. Parking and Accessibility: The property features ample parking for both employees and delivery vehicles. The large yard also provides flexibility for potential upgrades, such as the addition of more office space or expansion of operational areas. Investment Opportunity: This property represents an excellent investment opportunity. The In-place tenants and potential for growth with some possible vacancy. This creates a perfect opportunity for an owner user who would like additional supplemental income while they grow. The large yard could be used for additional revenue-generating activities, such as equipment rentals or outdoor storage. Strong Demand Area: Albuquerque's industrial sector is growing, with increasing demand for warehouse and distribution space due to the city’s strategic location along key transportation corridors. The city’s proximity to major markets in both the Southwest and the U.S. Mexico border makes it a prime location for logistics operations. Customization Potential: The large floorplan allows for a wide range of possibilities, whether you're looking to lease out portions of the space or tailor the property for your own business needs. The exterior yard area is also suitable for outdoor storage or additional development. Competitive Pricing: With the substantial land and warehouse space offered at this location, this property presents an attractive price per square foot, especially for those looking to capitalize on industrial demand in the Albuquerque area. Don't miss out on this prime industrial opportunity! Whether you're an investor or business owner looking to expand, 1235 Aspen Ave offers the space, location, and flexibility you need to succeed in today’s competitive market. Contact us today to learn more or schedule a tour of this exceptional property.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Warehouse with Large Yard

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

8

DRIVE INS

1

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.09

LAND SF

91,040

ZONING

NR-BP

APN/PARCEL ID

1-013-059-465038-4-03-06

ASK ABOUT THIS PROPERTY

Billy LehmannRESOLUT REMore Info
505-337-0777

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Billy LehmannRESOLUT REMore Info
505-337-0777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.