2645 Baylor Drive Albuquerque, NM 87106
Vacant-at-closing industrial facility with warehouse, office buildout, secured yard, and loading infrastructure for immediate occupancy or lease-up.
Property Features for 2645 Baylor Drive
General Information
- Standard status
- Active
- Size
- 31,847 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1960
Listing office Hughes Marino
Listing date Jun 5, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Hughes Marino
Investment Insights
Based on property information with market context.
Set on approximately 3.06 acres, the site offers strong frontage and visibility along Gibson Boulevard SE. Access is provided to major regional transportation routes, with convenient connections to I-25, I-40, and Albuquerque International Sunport.
The available vacant condition at closing supports an immediate move-in for an owner-user or a straightforward lease-up plan for an investor. With a layout that accommodates both warehouse activity and office use, the property can be a practical fit for a range of industrial tenants seeking a site that already includes office support, secured yard space, and established loading capabilities.
Key Highlights
- Vacant at closing industrial facility for immediate occupancy or lease‑up
- Functional warehouse/distribution space with office buildout and secured yard components
- Loading infrastructure suitable for a variety of industrial users
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 | $458.6k | $14.40 |
| − Vacancy | −$22.9k | −$0.72 |
| EGI | $435.7k | $13.68 |
| − OpEx | −$152.5k | −$4.79 |
| NOI | $283.2k | $8.89 |
