Industrial Service Property with
1907 8th St NW Albuquerque, NM 87102
1907 8th St NW, Albuquerque, NM, 87102
Contact for pricing
For Sale
Contact for pricing
Industrial flex/service buildings include a fenced yard and an in-building inspection pit with roll-up access.
Property Size2,000 SF
Lot Size0.69 Acres
Price / SF$262.50
Days on Market94
Property Features for 1907 8th St NW
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.69 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1984
Listing agency
Real Broker
Listed by
Mark Rickert · License #49444
Source
Crexi
Added: Apr 19 Updated: Jul 20 at 9:03PM Checked: Jul 21 at 6:59AM
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 Real Broker
Investment Insights
Based on property information with market context.
This industrial service property is designed for hands-on operations, featuring fenced outdoor space alongside two industrial buildings. The primary building provides roll-up access and includes an in-building inspection pit for servicing vehicles and equipment, with additional shop, storage, and operational flexibility supported by a secondary structure.
The site is located in central Albuquerque and sits on approximately 0.69 acres, with the yard supporting vehicle staging, trailer parking, material storage, and equipment laydown. The property is zoned NR-BP.
For owner-users and investors, the combination of industrial/service space, roll-up access, and an on-site inspection pit can support a range of industrial and service activities that benefit from true in-house servicing capability rather than relying on off-site facilities.
The site is located in central Albuquerque and sits on approximately 0.69 acres, with the yard supporting vehicle staging, trailer parking, material storage, and equipment laydown. The property is zoned NR-BP.
For owner-users and investors, the combination of industrial/service space, roll-up access, and an on-site inspection pit can support a range of industrial and service activities that benefit from true in-house servicing capability rather than relying on off-site facilities.
Key Highlights
- Industrial service property built in 1984 with fenced yard and an in‑building inspection pit
- Approximately 0.69 acres with two industrial buildings totaling about 2,500–2,900 SF
- Primary building includes roll‑up access plus an inspection pit for servicing vehicles and equipment
Local Financial Insights For Flex RnD
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 | $28.8k | $14.40 |
| − Vacancy | −$1.4k | −$0.72 |
| EGI | $27.4k | $13.68 |
| − OpEx | −$9.6k | −$4.79 |
| NOI | $17.8k | $8.89 |
2,000 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$254.1K
$222.3K – $296.4K
NOI $17,784 @ 7.0% cap · market cap 3.39%
Second Best
Industrial
$171.9K
$150.4K – $200.6K
NOI $12,033 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$483.8K
$423.4K – $564.5K
NOI $33,869 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Albuquerque Commissary Kitchen — 1601 4th St NW, Albuquerque, NM 87102
- High Mountain Cusine Catering — 1807 2nd St NW Studio 61, Santa Fe, NM 87505
- ABQ Ice Cream — 1601 4th St NW, Albuquerque, NM 87102
FAQs
What type of property is this?
Flex space - Industrial flex/service buildings include a fenced yard and an in-building inspection pit with roll-up access.
Where is this flex space located?
The property is located at 1907 8th St NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Industrial service property built in 1984 with fenced yard and an in‑building inspection pit; Approximately 0.69 acres with two industrial buildings totaling about 2,500–2,900 SF; Primary building includes roll‑up access plus an inspection pit for servicing vehicles and equipment
