Listed By: Brecken Mallette Show Phone

Added: Jan 29, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 6.94-acre industrial land parcel is available for lease in Albuquerque, New Mexico. The property is fully fenced and secured with a gated entrance. Water and electric service are available. The property is suitable for a wide range of development projects and industrial applications, from warehousing and distribution to light manufacturing. The monthly lease rate is $6,000, which translates to an annual rate of $72,000 per acre. The property is located at 7901 Reading Avenue Southeast, Albuquerque, NM 87105 and is zoned for industrial use, presenting an opportunity to secure a substantial land parcel.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Grocery & Convenience Store Skin Care Clinic Acupuncture Tech Support Center Food Market Spa & Massage Center

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Explore this area Business Placement

Demographics for 87105, NM

54,151

Population

20,263

Households

2.7

Avg Household Size

39

Median Age

16%

College-Educated

80%

High-School Grad

40.2 sq mi

ZIP Area

1,347

Density / Sq Mi

$49,928

Median Household Income

$32,490

Median Earnings

$972

Median Rent

$200,300

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?

Industrial land - Industrial land for lease

Where is this industrial land located?

The property is located at 7901 Reading Avenue Southeast Albuquerque NM 87105 Albuquerque, NM.