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Freestanding Office Building
For Sale
Contact for pricing
Pending

1116 NW 2nd St, Albuquerque, NM 87102

Freestanding office building with refrigerated cooling, gas heat, and a basement for records storage.

Property SizeContact for details
Days on Market151

Property Features for 1116 NW 2nd St

General Information

Standard status Pending
Property subtype Industrial
Listing Agency: Coldwell Banker Legacy Paseo Del Norte
Listed By: Timothy Tourville · License #NM
Source: Crexi
Added: Apr 12 Changed: Sep 8 Last Checked: Jul 23 at 4:25AM

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 Coldwell Banker Legacy Paseo Del Norte

Investment Insights

Based on property information with market context.

This freestanding office building offers refrigerated cooling and central forced air gas heat. The property also includes an approximately 255-square-foot basement designed for records storage.

The building is located close to Downtown Albuquerque, providing convenient proximity for office users.

With its dedicated basement storage area and built-in HVAC systems, the layout is suited to day-to-day administrative use.

Key Highlights

  • Freestanding office building close to Downtown Albuquerque
  • Refrigerated cooling system
  • Central forced air gas heat

Property Analytics

Current Use

James P Lyle ... Law Firm

Suggested Use

Top Pick Electrical Service Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store Garden Center Mobile Phone Store

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

2,587
Businesses Nearby

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding office building with refrigerated cooling, gas heat, and a basement for records storage.
Where is this office building located?
The property is located at 1116 NW 2nd St Albuquerque, NM.
What are key features of this property?
This property features: Freestanding office building close to Downtown Albuquerque; Refrigerated cooling system; Central forced air gas heat
More about this property
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