This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Warehouse with Large Yard 1235-1237 Aspen Ave NW

17,000 SF Industrial Building Albuquerque, NM 87104 $2,200,000 ($129/SF)

Investment Highlights

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

Executive Summary

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.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,200,000
Price Per SF $129
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.09 AC
Rentable Building Area 17,000 SF
No. Stories 1
Year Built 1955
Tenancy Single
Parking Ratio 0.59/1,000 SF
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-013-059-465038-4-03-06
Land Assessment
$78,423 (2023)
Improvements Assessment
$181,097 (2023)
Total Assessment
$259,520 (2023)

zoning

Zoning Code NR-BP
NR-BP
  • Listing ID: 34110388

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 1235-1237 Aspen Ave NW, Albuquerque, NM 87104

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}