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Flex Warehouse and Office Units
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1621 1st St NW, Albuquerque, NM 87102

For sale flex industrial property combining warehouse space with office units in Albuquerque, NM.

Property Size11,500 SF
Price / SF$0.00
Days on Market242

Property Features for 1621 1st St NW

General Information

Standard status Active
Size 11,500 SF
Property subtype Industrial
Zoning NR-GM
Lease Type NNN

Building Details

Year Built 2007
Listing Agency: Base 5 Retail Partners
Listed By: Brandon Saylor · License #46223
Source: Carnm.resimplifi
Added: Jan 6 Changed: Sep 4 Last Checked: Sep 3 at 8:02AM

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 Base 5 Retail Partners

Investment Insights

Based on property information with market context.

This property is a flex-style commercial asset that combines industrial warehouse space with dedicated office units. The configuration is well-suited for operators who need both workspace and functional back-of-house areas, rather than separating office and storage into two different facilities.

Located at 1621 1st Street Northwest in Albuquerque, New Mexico, the property’s address provides direct access for day-to-day operations. As a for-sale offering, it is positioned for buyers looking to own a mixed-use work environment that supports administrative functions alongside warehouse activity.

For tenants and buyers, the appeal is the ability to match work requirements to the property’s hybrid layout. Businesses that benefit from proximity between office operations and warehouse workflow may find this combination practical for onsite management, coordination, and routine handling of goods or materials. If you’re evaluating an ownership opportunity in the warehouse, industrial, or flex space categories, this asset offers a straightforward option to consolidate office and storage under one roof.

Key Highlights

  • Flex industrial property with warehouse space plus office units
  • Built in 2007
  • Located in Albuquerque, NM

Property Analytics

Current Use

Right Way Roofing ... Roofing Company

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon Nail Salon Spa & Massage Center Skin Care Clinic

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

1,219
Businesses Nearby
Balanced
Demand for This Use

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 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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • 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 - For sale flex industrial property combining warehouse space with office units in Albuquerque, NM.
Where is this flex space located?
The property is located at 1621 1st St NW Albuquerque, NM.
What are key features of this property?
This property features: Flex industrial property with warehouse space plus office units; Built in 2007; Located in Albuquerque, NM
More about this property
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