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Flexible Industrial-Office Building
For Sale
Contact for pricing
Pending

5711 Carmel Ave NE, Albuquerque, NM 87113

Flex building demised into two spaces that can be combined into one large space.

Property SizeContact for details
Days on Market145

Property Features for 5711 Carmel Ave NE

General Information

Standard status Pending
Property subtype Office
Listing Agency: Cauwels & Stuve
Listed By: Mark Thompson · License #NM 47513
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Sep 1 at 12:03PM

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 Cauwels & Stuve

Investment Insights

Based on property information with market context.

This flexible industrial/office building is currently demised into two separate spaces, with the ability to be combined into one larger space. The property is positioned for a range of owner-user possibilities, supported by broad zoning as described in the remarks.

The offering is presented for sale in the North I-25 submarket, and timing is driven by the primary tenant lease. The remarks indicate the lease expires soon, with the majority of the building expected to be made available by March 31, 2023.

For buyers seeking a multi-use configuration, the existing two-suite layout provides flexibility, while the option to recombine supports adaptation to larger single-tenant requirements.

Key Highlights

  • Flexible industrial/office building in the North I‑25 submarket
  • Broad zoning offers options for different owner users
  • Currently demised into two separate spaces that can be combined into one large space

Property Analytics

Current Use

Kokopelli Quilting Co Home Decor Store Rachell Davis Physician ClearLink Skin and Medical Physician Mc Carthy Daniel ... Accounting Firm

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Bakery Barber Shop

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

1,126
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87113, NM

16,380
Population
7,155
Households
2.3
Avg Household Size
39
Median Age
52%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
1,099
Density / Sq Mi
$92,083
Median Household Income
$59,641
Median Earnings
$1,581
Median Rent
$362,100
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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Similar Off Market Nearby

  • OG Pizza Industry 8206 Louisiana Blvd NE, Albuquerque, NM 87113
  • Ogaga's African Kitchen and Catering Services 6301 alameda blvd ne unit 2062, albuquerque, nm 87113

Frequently Asked Questions

What type of property is this?
Flex space - Flex building demised into two spaces that can be combined into one large space.
Where is this flex space located?
The property is located at 5711 Carmel Ave NE Albuquerque, NM.
What are key features of this property?
This property features: Flexible industrial/office building in the North I‑25 submarket; Broad zoning offers options for different owner users; Currently demised into two separate spaces that can be combined into one large space
More about this property
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