Industrial Property with Owner
210 Dallas St NE, Albuquerque, NM 87108
For Sale
$1,140,000
Two industrial buildings with flexible options and convenient access.
Property Size9,500 SF
Price / SF$120
Days on Market351
Property Features for 210 Dallas St NE
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Amenities
Water
Sewer
Building Details
Year Built
Listing Agency:
NAI SunVista
Listed By:
Alexis Lovato · License NM #55026
(505) 639-6433
Source:
Carnm.resimplifi
Added: Nov 25, 2025
Changed: Nov 9
Last Checked: Nov 10 at 5:10AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,474
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,689,480
$1.7M
Cap Rate 7%
$1,206,771
$1.2M
Cap Rate 9%
$938,600
$938.6K
Market Conditions
NOI Build-Up for 9,500 SF
Gross rent
$136.8K $14.40/SF
− Vacancy
−$6.8K −$0.72/SF
EGI
$130.0K $13.68/SF
− OpEx
−$45.5K −$4.79/SF
NOI
$84.5K $8.89/SF
Area
Albuquerque, NM
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,689,480
Cap Rate 7%
$1,206,771
Cap Rate 9%
$938,600
Alternative Uses
Best Use
Flex RnD
$1.21M
$1.06M – $1.41M
NOI $84,474 @ 7.0% cap · market cap 7.41%
Second Best
Warehouse
$930.2K
$814.0K – $1.09M
NOI $65,117 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M
NOI $160,877 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
857
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 87108, NM
36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Albuquerque
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
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.
