Warehouse with Large Yard | 1235-1237 Aspen Ave NW
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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.
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 |
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Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
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 | No. Stories | 1 |
Price Per SF | $129 | Year Built | 1955 |
Sale Type | Owner User | Tenancy | Single |
Property Type | Industrial | Parking Ratio | 0.59/1,000 SF |
Property Subtype | Warehouse | No. Dock-High Doors/Loading | 8 |
Building Class | B | No. Drive In / Grade-Level Doors | 1 |
Lot Size | 2.09 AC | Opportunity Zone |
Yes
|
Rentable Building Area | 17,000 SF |
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 |
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Bike Score ®
Very Bikeable (82)
PROPERTY TAXES
Parcel Number | 1-013-059-465038-4-03-06 | Improvements Assessment | $181,097 (2023) |
Land Assessment | $78,423 (2023) | Total Assessment | $259,520 (2023) |
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 |
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Warehouse with Large Yard | 1235-1237 Aspen Ave NW
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