Flex Space with Live-Work
For Sale
Contact for pricing
1512 4th St SW, Albuquerque, NM 87102
Signalized corner property with fenced yards, separate power panels, and three-phase electrical service.
Property Size5,544 SF
Lot Size0.39 Acres
Price / SF$0.00
Days on Market450
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Property Features for 1512 4th St SW
General Information
Standard status
Active
Size
5,544 SF
Lot size
0.39 Acres
Property subtype
Industrial
Zoning
MX-M
Lease Type
NNN
Site & Location
Traffic Count
55,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Three-Phase Power
Yes
Amenities
fully equipped 2 bed / 1 bath upstairs apartment
full kitchen & bath
3 separate power panels + 3-phase power
air compressor included
2 covered carports
Power
Water
Sewer
Natural Gas
Building Details
Buildings
1
Building Size
5,544 SF
Listing Agency:
Berkshire Hathaway NM Commercial Real Estate
Listed By:
Christian File
(505) 235-8518
Source:
Carnm.resimplifi
Added: Jul 23, 2025
Changed: Oct 14
Last Checked: Oct 14 at 7:49PM
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 Berkshire Hathaway NM Commercial Real Estate
Investment Insights
Based on property information with market context.
This 5,544-square-foot flex property combines showroom, warehouse, shop, and residential components within a two-lot fenced yard configuration. The upstairs apartment contains two bedrooms, one bathroom, a full kitchen, and a full bath, supporting a live-work arrangement. Seven 10-foot-by-10-foot roll-up doors, three separate power panels, three-phase power, an air compressor, and two covered carports are included.
The property occupies the signalized corner of 4th St and Avenida César Chávez, with exposure to more than 55,000 vehicles per day. It is approximately 0.5 miles from I-25 and 1 mile from Downtown Albuquerque, surrounded by urban neighborhoods, retail, and transit. MX-M zoning and the existing commercial-residential configuration support a range of operational and redevelopment considerations.
The property occupies the signalized corner of 4th St and Avenida César Chávez, with exposure to more than 55,000 vehicles per day. It is approximately 0.5 miles from I-25 and 1 mile from Downtown Albuquerque, surrounded by urban neighborhoods, retail, and transit. MX-M zoning and the existing commercial-residential configuration support a range of operational and redevelopment considerations.
Key Highlights
- 5,544 SF flex property on 0.39 acres
- Signalized corner at 4th St and Avenida César Chávez with 55,000+ VPD
- Two fenced yard areas totaling 16,988 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,355
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,100
$667.1K
Cap Rate 7%
$476,500
$476.5K
Cap Rate 9%
$370,611
$370.6K
Market Conditions
NOI Build-Up for 5,544 SF
Gross rent
$49.9K $9.00/SF
− Vacancy
−$2.2K −$0.41/SF
EGI
$47.7K $8.59/SF
− OpEx
−$14.3K −$2.58/SF
NOI
$33.4K $6.02/SF
Area
Albuquerque, NM
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,100
Cap Rate 7%
$476,500
Cap Rate 9%
$370,611
Alternative Uses
Best Use
Retail
$1.14M
$996.2K – $1.33M
NOI $79,692 @ 7.0% cap · market cap 724,472.73%
Second Best
Office B
$1.05M
$920.6K – $1.23M
NOI $73,646 @ 7.0% cap · market cap 669,509.09%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,884 @ 7.0% cap · market cap 853,490.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
55,000 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,362
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Southwest Savories Aviation Catering LLC — 616 Lomas Blvd NW Suite C, Albuquerque, NM 87102
- Albuquerque Commissary Kitchen — 1601 4th St NW, Albuquerque, NM 87102
- ABQ Ice Cream — 1601 4th St NW, Albuquerque, NM 87102
- High Mountain Cusine Catering — 1807 2nd St NW Studio 61, Santa Fe, NM 87505
Frequently Asked Questions
What type of property is this?
Flex space - Signalized corner property with fenced yards, separate power panels, and three-phase electrical service.
Where is this flex space located?
The property is located at 1512 4th St SW Albuquerque, NM.
What are key features of this property?
This property features: 5,544 SF flex property on 0.39 acres; Signalized corner at 4th St and Avenida César Chávez with 55,000+ VPD; Two fenced yard areas totaling 16,988 SF
