2513 Comanche Rd NE, Albuquerque, NM 87107

Building Details

Year Built 1984 More

Listing Agency: Johnson Commercial Real Estate

Listed By: Erick Johnson · License NM 19234QB Show Phone

Source: Carnm.resimplifi

Added: Jul 15 Changed: Nov 9 Last Checked: Nov 12 at 4:18AM

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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 Johnson Commercial Real Estate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This high-visibility flex industrial property is offered for sale or lease. The listing indicates spaces are available for lease, providing flexibility for a range of industrial and flex-style tenant needs.

The property is located at 2513 Comanche Road NE in Albuquerque, near Interstate 25, supporting straightforward access to the surrounding area.

As presented, the offering includes a single address with on-site flex/industrial configuration suitable for tenants seeking a prominent, road-accessible location.

Key Highlights

• Industrial/flex space built in 1984
• High‑visibility industrial space for sale or lease
• Located at 2513 Comanche Rd NE in Albuquerque

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$286,029

Cap Rate

6.73%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,720,580 $5.7M

Cap Rate 7%

$4,086,129 $4.1M

Cap Rate 9%

$3,178,100 $3.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 32,167 SF

Gross rent

$463.2K $14.40/SF

− Vacancy

−$23.2K −$0.72/SF

EGI

$440.0K $13.68/SF

− OpEx

−$154.0K −$4.79/SF

NOI

$286.0K $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%

$5,720,580

Cap Rate 7%

$4,086,129

Cap Rate 9%

$3,178,100

Alternative Uses

Best Use

Flex RnD

$4.09M

$3.58M – $4.77M (±1% cap)

NOI $286,029 @ 7.0% cap · market cap 6.73%

Second Best

Industrial

$2.76M

$2.42M – $3.23M (±1% cap)

NOI $193,533 @ 7.0% cap · market cap 4.55%

Theoretical Best

Office A

$7.78M

$6.81M – $9.08M (±1% cap)

NOI $544,729 @ 7.0% cap · market cap 12.82%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

NinjaForce Gym & Fitness Center National Restaurant Supply Big Box & Wholesale Store

Suggested Use

Top Pick Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Bakery Catering Service Veterinary Clinic

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

1,129

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 87107, NM

30,340

Population

13,441

Households

2.3

Avg Household Size

44

Median Age

39%

College-Educated

92%

High-School Grad

14.6 sq mi

ZIP Area

2,078

Density / Sq Mi

$59,663

Median Household Income

$36,392

Median Earnings

$901

Median Rent

$282,000

Median Home Value

Market

Properties on Market for Flex space in Albuquerque

Jul

Aug

Sep

Oct

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?

Flex space - High-visibility flex industrial space available for sale or lease near Interstate 25 in Albuquerque.

Where is this flex space located?

The property is located at 2513 Comanche Rd NE Albuquerque, NM.

What is the asking price?

The asking price for this property is $4,250,000.

What are key features of this property?

This property features: Industrial/flex space built in 1984; High‑visibility industrial space for sale or lease; Located at 2513 Comanche Rd NE in Albuquerque