Industrial Warehouse with
4421 Irving Blvd. NW Albuquerque, NM 87114
For Sale
Contact for pricing
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 Market74
Property Features for 4421 Irving Blvd. NW
General Information
- Standard status
- Active
- Size
- 6,967 SF
- Property subtype
- Industrial
Listing Agency:
NAI Sun Vista
(505) 998-1656
Listed By:
Riley McKee · License #NM 50021AB
Source:
Crexi
Added: May 11
Changed: Jul 22
Last Checked: Jul 22 at 7:05AM
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 Sun Vista
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 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 | $83.6k | $12.00 |
| − Vacancy | −$5.0k | −$0.72 |
| EGI | $78.6k | $11.28 |
| − OpEx | −$27.5k | −$3.95 |
| NOI | $51.1k | $7.33 |
6,967 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 35.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Aquatic Consultants, Inc.
General Contractor
Tyson Property Management
Property Management Company
Dr. Boyd Newsome
Dental Office
Gregory Montgomery
Dental Office
Boyd Emmitt Newsome
Dental Office
FAQs
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
