Industrial Warehouse with
For Sale
$995,000
4421 Irving Blvd NW, Albuquerque, NM 87114
Warehouse bay includes 9 overhead doors, 16-foot clear height, and a hard-wall office with exclusive parking.
Property Size6,967 SF
Price / SF$142.82
Days on Market166
Property Features for 4421 Irving Blvd NW
General Information
Standard status
Active
Size
6,967 SF
Total Parking Spaces
8
Property subtype
Industrial
Zoning
MX-M
Warehouse & Industrial
Clear Height
16 ft
Heavy Power
Yes
Amenities
shared conference room
fenced/gated access to parking
robust security system
Building Details
Year Built
2008
Construction
Distinctive office/warehouse architecture
Listing Agency:
NAI SunVista
Listed By:
Riley McKee · License #50021AB
(505) 998-1656
Source:
Carnm.resimplifi
Added: May 11
Changed: Oct 21
Last Checked: Oct 20 at 5:05PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering features a self-contained chemical storage bay with approximately 16-foot clear height and 9 overhead doors. The space includes a hard-wall office and access to a shared conference room area. The property is supported by 3-phase, 250-amp power and is described as having a robust security system that conveys with the building.
The building provides one hard-wall office and an arrangement that supports both storage and light administrative use, along with access to shared conference facilities. Access to parking is fenced and gated.
Additional details include 8 exclusive parking spaces and a distinctive office/warehouse architecture.
The building provides one hard-wall office and an arrangement that supports both storage and light administrative use, along with access to shared conference facilities. Access to parking is fenced and gated.
Additional details include 8 exclusive parking spaces and a distinctive office/warehouse architecture.
Key Highlights
- Self‑contained chemical storage bay offers 16' clear height and 9 overhead doors
- Bay includes a hard‑wall office plus access to a shared conference room area
- Fenced/gated access with 8 exclusive parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,082
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,640
$1.0M
Cap Rate 7%
$729,743
$729.7K
Cap Rate 9%
$567,578
$567.6K
Market Conditions
NOI Build-Up for 6,967 SF
Gross rent
$83.6K $12.00/SF
− Vacancy
−$5.0K −$0.72/SF
EGI
$78.6K $11.28/SF
− OpEx
−$27.5K −$3.95/SF
NOI
$51.1K $7.33/SF
Area
ZIP 87114
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,640
Cap Rate 7%
$729,743
Cap Rate 9%
$567,578
Alternative Uses
Best Use
Flex RnD
$729.7K
$638.5K – $851.4K
NOI $51,082 @ 7.0% cap · market cap 5.13%
Second Best
Warehouse
$678.7K
$593.8K – $791.8K
NOI $47,506 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,843 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87114, NM
69,402
Population
28,038
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
20.9 sq mi
ZIP Area
3,321
Density / Sq Mi
$81,768
Median Household Income
$48,127
Median Earnings
$1,321
Median Rent
$296,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse bay includes 9 overhead doors, 16-foot clear height, and a hard-wall office with exclusive parking.
Where is this flex space located?
The property is located at 4421 Irving Blvd NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Self‑contained chemical storage bay offers 16' clear height and 9 overhead doors; Bay includes a hard‑wall office plus access to a shared conference room area; Fenced/gated access with 8 exclusive parking spaces
