Back to Search
Functional Albuquerque Flex Space

125 Manzano St NE Albuquerque, NM 87108

Claim this Listing
For Sale
Contact for pricing

High-quality industrial/flex asset in a desirable Albuquerque location.

Type:Industrial
Property size:
2,384 SF
Price / SF:
$166/SF
Added:
May 23, 2026
Days on Market:
51
Last Refresh:
May 27 at 8:19 am

Property Features for 125 Manzano St NE

General Information

Standard status
Active
Size
2,384 SF
Property subtype
Industrial

Listing office Resolut RE Albuquerque

Listing date May 23, 2026

Source Crexi

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 Resolut RE Albuquerque


Investment Insights

Based on property information with market context.

The property at 125 Manzano St NE offers a ±2,384 SF industrial/flex space in Albuquerque's University submarket, near Nob Hill. Configured with functional office space, multiple garage bays, workshop areas, and a secure yard, the property suits owner-users or investors. Originally an auto-related facility, the property is well-maintained and suitable for contractors, service users, automotive operators, or live/work configurations. Two garage spaces, dedicated work areas, and a fenced yard provide operational flexibility. The property is located on the edge of Nob Hill, with access to Central Avenue, San Mateo Blvd, and east-west corridors. The surrounding area features retail, residential, and light industrial uses, with national retailers and amenities nearby. The location supports business visibility and workforce accessibility, while the property's street allows for practical operations. The area has over 248,000 people within a 5-mile radius and strong household density, supporting long-term flexibility for various uses.

Key Highlights

  • Functional office space, multiple garage bays, workshop areas, and secure yard offer versatile owner‑user or investment applications.
  • Located in a desirable infill submarket with immediate access to major thoroughfares (Central Avenue, San Mateo Blvd) providing strong connectivity.
  • Priced at $396,000, representing compelling value relative to replacement cost and current market pricing.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.9k $22.20
− Vacancy −$4.0k −$1.67
EGI $49.0k $20.54
− OpEx −$14.7k −$6.16
NOI $34.3k $14.37
2,384 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$489.6K
$428.4K – $571.2K (±1% cap)
NOI $34,269 @ 7.0% cap · market cap 8.65%
Second Best
Office B
$452.4K
$395.9K – $527.8K (±1% cap)
NOI $31,669 @ 7.0% cap · market cap 8.00%
Theoretical Best
Office A
$576.7K
$504.7K – $672.9K (±1% cap)
NOI $40,372 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Atomic Imports LLC Car Dealership

Suggested Use

Real Estate Agency Law Firm HVAC Service Building Supply Travel Agency Kitchen & Bath Showroom Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - High-quality industrial/flex asset in a desirable Albuquerque location.
Where is this flex space located?
The property is located at 125 Manzano St NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $396,000.
What are key features of this property?
This property features: Functional office space, multiple garage bays, workshop areas, and secure yard offer versatile owner‑user or investment applications.; Located in a desirable infill submarket with immediate access to major thoroughfares (Central Avenue, San Mateo Blvd) providing strong connectivity.; Priced at $396,000, representing compelling value relative to replacement cost and current market pricing.
Contact an agent
(505) 259-9989 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message