4600 Central Ave SE Albuquerque, NM
Corner lot with shop, office, and mechanic station.
- Added:
- Jul 7, 2025
- Days on Market:
- 371
- Last Refresh:
- May 20 at 8:44 pm
Property Features for 4600 Central Ave SE
General Information
- Standard status
- Active
- Size
- 2,803 SF
- Lot size
- 0.44 Acres
- Property subtype
- INDUSTRIAL
Listing office Distinguished Properties LLC (410) 218-7377
Listing date Jul 7, 2025
Source Moodyscre
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 Distinguished Properties LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Corner lot location on Central Avenue in Nob Hill.
- 2803 SF 6‑bay shop/office building with concrete slab and masonry block structure.
- Includes 6 roll‑up doors and above‑ground lifts.
Local Financial Insights For Retail
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 | $62.2k | $22.20 |
| − Vacancy | −$4.7k | −$1.67 |
| EGI | $57.6k | $20.54 |
| − OpEx | −$17.3k | −$6.16 |
| NOI | $40.3k | $14.37 |
