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    Industrial Property with Owner Financing Title is generated by Realmo AI

    210 Dallas St NE, Albuquerque, NM

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    Two industrial buildings with flexible options and convenient access.

    Type:INDUSTRIAL
    Property size:
    9,500 SF
    Lot size:
    0.43 Acres
    Price / SF:
    $120/SF
    Added:
    Mar 14, 2025
    Days on Market:
    470
    Last Refresh:
    May 20 at 8:57 pm

    Property Features for 210 Dallas St NE

    General Information

    Standard status
    Active
    Size
    9,500 SF
    Lot size
    0.43 Acres
    Property subtype
    INDUSTRIAL

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    Alexis Lovato
    Alexis Lovato

    Listing office NAI SunVista - Albuquerque

    Listing date Mar 14, 2025

    Source Moodyscre

    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 SunVista - Albuquerque

    HighLights

    • Two buildings totaling ±9,500 SF on ±0.57 acres with flexible options for use.
    • Benefit from 11 new roll‑up doors (3 on one building, 8 on the other) providing easy access.
    • High ceilings (14’ -1” and 18’ -11”) suitable for various industrial or commercial uses.
    • Convenient access to I‑40 and Central Ave.
    • Three‑phase power in one building.
    • Owner financing available.

    Overview

    This industrial property features two buildings with owner financing options and convenient access to I-40 and Central Ave. The property includes a fully-fenced yard and the option to demise. One building, located at 201 Pennsylvania St. NE, offers approximately 4,700 square feet on approximately 0.28 acres. It features three-phase power and a ceiling height of 14 feet 1 inch, along with 3 new roll-up doors. The second building, located at 210 Dallas St. NE, provides approximately 4,800 square feet on approximately 0.29 acres. It includes single-phase power, a TPO roof that is 8 years old, and a ceiling height of 18 feet 11 inches, along with 8 new roll-up doors. In total, there are 11 new roll-up doors across both buildings. Existing equipment is available for purchase.

    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 Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.56
    Latitude
    35.0769

    FAQs

    What type of property is this?
    Warehouse - Two industrial buildings with flexible options and convenient access.
    Where is this warehouse located?
    The property is located at 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 buildings totaling ±9,500 SF on ±0.57 acres with flexible options for use.; Benefit from 11 new roll‑up doors (3 on one building, 8 on the other) providing easy access.; High ceilings (14’ -1” and 18’ -11”) suitable for various industrial or commercial uses.
    (505) 639-6433 Call to check price and availability
    More about this property
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