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Listing Agency: NAI SunVista

Listed By: Ben Nolte · License #19012 Show Phone

Source: Carnm.resimplifi

Added: May 18 Changed: Oct 4 Last Checked: Oct 14 at 7:44PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI SunVista

Investment Insights

Based on property information with market context.

This warehouse property contains approximately 6,000 square feet across four bays of about 1,500 square feet each. Each bay has a 10-foot by 10-foot grade-level roll-up door, creating a consistent loading configuration across the building. The property encompasses approximately 0.3 acres and carries MX-H zoning.

All four units are occupied under modified gross leases. The current lease arrangements are month-to-month, providing a uniform occupancy profile across the building. The property is located at 10025 Acoma Rd SE in Albuquerque, New Mexico.

Key Highlights

• Approximately 6,000 SF warehouse building on ±0.3 acres
• Four bays of ±1,500 SF each
• Four 10’x10’ grade‑level roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$41,126

Cap Rate

6.33%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$822,520 $822.5K

Cap Rate 7%

$587,514 $587.5K

Cap Rate 9%

$456,956 $457.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,000 SF

Gross rent

$50.4K $8.40/SF

− Vacancy

−$2.0K −$0.34/SF

EGI

$48.4K $8.06/SF

− OpEx

−$7.3K −$1.21/SF

NOI

$41.1K $6.85/SF

Area

Albuquerque, NM

Vacancy

4.00%

Lease Rate

$8.40 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$822,520

Cap Rate 7%

$587,514

Cap Rate 9%

$456,956

Alternative Uses

Best Use

Warehouse

$587.5K

$514.1K – $685.4K (±1% cap)

NOI $41,126 @ 7.0% cap · market cap 6.33%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.45M

$1.27M – $1.69M (±1% cap)

NOI $101,606 @ 7.0% cap · market cap 15.63%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

CJS Auto Repair Auto Repair Shop Ivans Custom Cabinets General Contractor TomTuned Auto Parts Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Building Supply Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

639

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 87123, NM

44,110

Population

20,533

Households

2.1

Avg Household Size

40

Median Age

33%

College-Educated

89%

High-School Grad

28.9 sq mi

ZIP Area

1,526

Density / Sq Mi

$61,552

Median Household Income

$35,867

Median Earnings

$995

Median Rent

$236,400

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Fully occupied warehouse property with grade-level loading and modified gross leases.

Where is this warehouse located?

The property is located at 10025 Acoma Rd SE Albuquerque, NM.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Approximately 6,000 SF warehouse building on ±0.3 acres; Four bays of ±1,500 SF each; Four 10’x10’ grade‑level roll‑up doors