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Cannabis Grow Facility with Modern Offices
For Sale
Contact for pricing

2420 Monroe St NE, Albuquerque, NM 87110

Operating facility with specialized grow rooms, industrial power, loading infrastructure, and included furniture, fixtures, and equipment.

Property SizeContact for details
Days on Market144

Property Features for 2420 Monroe St NE

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Realty One of New Mexico
Listed By: Debrah Kemp · License #51040
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:45PM

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 Realty One of New Mexico

Investment Insights

Based on property information with market context.

This industrial property includes a cannabis grow and manufacturing facility with modern office areas, warehouse space, storage areas, ADA-compliant bathrooms, a trimming room, kitchen room, vault room with mini-split, and a 10 X 8 walk-in freezer. The grow operation includes one veg room, two flowering rooms with rolling tables, specialized lighting, automated watering, carbon filtration, and dehumidification equipment. Furniture, fixtures, and equipment are included in the sale.

The facility has three-phase power, roll-up doors, a dock, and warehouse ceiling heights ranging from 11 to 12 feet. Recent renovations include windows, the roof, stucco, and asphalt parking. Zoned NR-C, the property is near San Mateo and I-40. The cannabis operation is described as state and county approved.

Key Highlights

  • 12,000 sf cannabis state and county approved grow and manufacturing facility
  • Three‑phase power with roll‑up doors and a dock
  • One veg room with 45,000 Watts LED lights

Property Analytics

Current Use

Joy of Advertising Marketing & Advertising Luxury Kitchen Designer ... Hardware & Home Improvement

Suggested Use

Top Pick Building Supply Real Estate Agency Storage Facility Garden Center HVAC Service Dental Office

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

1,309
Businesses Nearby

Demographics for 87110, NM

38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
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
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Frequently Asked Questions

What type of property is this?
Cannabis property - Operating facility with specialized grow rooms, industrial power, loading infrastructure, and included furniture, fixtures, and equipment.
Where is this cannabis property located?
The property is located at 2420 Monroe St NE Albuquerque, NM.
What are key features of this property?
This property features: 12,000 sf cannabis state and county approved grow and manufacturing facility; Three‑phase power with roll‑up doors and a dock; One veg room with 45,000 Watts LED lights
More about this property
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