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Industrial Property with Roll-Up Doors

201 Pennsylvania St. & 210 Dallas St NE Albuquerque, NM 87108

201 Pennsylvania St. & 210 Dallas St NE, Albuquerque, NM, 87108
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Two industrial properties with multiple roll-up doors for sale.

Property Size9,500 SF
Lot Size0.29 Acres
Price / SF$120
AddedNov 30, 2023
Days on Market958
Last RefreshMay 12 at 11:34 pm

Property Features for 201 Pennsylvania St. & 210 Dallas St NE

General Information

Standard status
Active
Size
9,500 SF
Lot size
0.29 Acres
Property subtype
Industrial

Listing office NAI Sun Vista

Listing date Nov 30, 2023

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 NAI Sun Vista


Investment Insights

Based on property information with market context.

The property at 201 Pennsylvania St. NE offers approximately 4,700 square feet on about 0.28 acres. It features three new roll-up doors, three-phase power, and a ceiling height of 14 feet 1 inch. The property at 210 Dallas St. NE provides approximately 4,800 square feet on about 0.29 acres. It includes eight new roll-up doors, a TPO roof that is eight years old, and single-phase power. The ceiling height at this location is 18 feet 11 inches. Existing equipment, including five lifts, a paint booth with mixing room, and a frame machine, is available for purchase. The properties are zoned MX-M.

Key Highlights

  • Two properties available: 201 Pennsylvania St. NE (±4,700 SF, ±0.28 Acres) and 210 Dallas St. NE (±4,800 SF, ±0.29 Acres).
  • 210 Dallas St. NE features 8 new roll‑up doors and a high ceiling height of 18’ - 11”.
  • 201 Pennsylvania St. NE offers three‑phase power, while 210 Dallas St. NE has single‑phase power.

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 $136.8k $14.40
− Vacancy −$6.8k −$0.72
EGI $130.0k $13.68
− OpEx −$45.5k −$4.79
NOI $84.5k $8.89
9,500 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,474 @ 7.0% cap · market cap 7.41%
Second Best
Warehouse
$930.2K
$814.0K – $1.09M (±1% cap)
NOI $65,117 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M (±1% cap)
NOI $160,877 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Potter's House Christian ... Church

Suggested Use

Real Estate Agency Nail Salon Hair Salon Parking Lot & Garage Law Firm Skin Care Clinic Electrical Service Pharmacy Barber Shop HVAC Service

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

Similar Off Market Nearby

  • City Treats Parties 515 Wyoming Blvd NE, Albuquerque, NM 87123

FAQs

What type of property is this?
Flex space - Two industrial properties with multiple roll-up doors for sale.
Where is this flex space located?
The property is located at 201 Pennsylvania St. & 210 Dallas St NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,140,000.
What are key features of this property?
This property features: Two properties available: 201 Pennsylvania St. NE (±4,700 SF, ±0.28 Acres) and 210 Dallas St. NE (±4,800 SF, ±0.29 Acres).; 210 Dallas St. NE features **8 new roll‑up doors** and a **high ceiling height of 18’ - 11”**.; 201 Pennsylvania St. NE offers three‑phase power, while 210 Dallas St. NE has single‑phase power.
Contact an agent
(505) 878-0001 Call to check price and availability
More about this property
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