Frontage Warehouse
New
For Sale
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4914 Pan American East Fwy NE, Albuquerque, NM 87109
Two-building industrial property with showroom, warehouse, shop, loading doors, and climate-controlled areas.
Property Size20,500 SF
Price / SF$170.49
Days on Market6
Property Features for 4914 Pan American East Fwy NE
General Information
Standard status
Active
Size
20,500 SF
Property subtype
INDUSTRIAL
Site & Location
Pylon Signage
Yes
Highway Access
Yes
Building Details
Buildings
2
Listing Agency:
NAI SunVista - Albuquerque
(505) 238-6413
Listed By:
Dave Hill · License #51555
(505) 238-6413
Source:
Moodyscre
Added: Aug 24
Changed: Aug 29
Last Checked: Aug 29 at 4:41PM
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 - Albuquerque
Investment Insights
Based on property information with market context.
This warehouse property at 4914 Pan American East Fwy NE comprises two separate buildings totaling 20,500 SF. The front building combines an approximately 3,826-SF showroom with an approximately 12,474-SF warehouse and shop area. It features 14-foot peak clearance, 12-foot eave height, two 10-foot-by-10-foot grade-level doors, one 10-foot-by-14-foot grade-level door, and one 10-foot-by-10-foot dock-high door. The showroom is served by two rooftop HVAC units.
The rear building measures approximately 4,200 SF, with 16-foot peak clearance and 14-foot eave height. It includes one 14-foot-by-16-foot grade-level door and one 14-foot-by-16-foot dock-high door. Evaporative coolers and unit heaters serve the warehouse and shop areas. The property has North I-25 frontage and includes a billboard sign leased to Clear Channel.
The rear building measures approximately 4,200 SF, with 16-foot peak clearance and 14-foot eave height. It includes one 14-foot-by-16-foot grade-level door and one 14-foot-by-16-foot dock-high door. Evaporative coolers and unit heaters serve the warehouse and shop areas. The property has North I-25 frontage and includes a billboard sign leased to Clear Channel.
Key Highlights
- 20,500 SF industrial property at 4914 Pan American East Fwy NE
- Front building includes ±3,826 SF showroom and ±12,474 SF warehouse/shop space
- Front building has 14’ peak and 12’ eave ceiling heights
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$294,677
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,893,540
$5.9M
Cap Rate 7%
$4,209,671
$4.2M
Cap Rate 9%
$3,274,189
$3.3M
Market Conditions
NOI Build-Up for 20,500 SF
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.
Gross rent
$455.1K $22.20/SF
− Vacancy
−$34.1K −$1.67/SF
EGI
$421.0K $20.54/SF
− OpEx
−$126.3K −$6.16/SF
NOI
$294.7K $14.37/SF
Area
Albuquerque, NM
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,893,540
Cap Rate 7%
$4,209,671
Cap Rate 9%
$3,274,189
Alternative Uses
Best Use
Retail
$4.21M
$3.68M – $4.91M
NOI $294,677 @ 7.0% cap · market cap 8.43%
Second Best
Flex RnD
$2.60M
$2.28M – $3.04M
NOI $182,286 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$4.96M
$4.34M – $5.79M
NOI $347,155 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,560
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87109, NM
40,740
Population
20,826
Households
2
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
10.0 sq mi
ZIP Area
4,074
Density / Sq Mi
$56,295
Median Household Income
$41,798
Median Earnings
$1,112
Median Rent
$298,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Pan American Fwy Vehicle Storage — 4800 Pan American Fwy NE, Albuquerque, NM 87109
- Grizzly Storage — 4200 Bogan Ave NE, Albuquerque, NM 87109
Frequently Asked Questions
What type of property is this?
Warehouse - Two-building industrial property with showroom, warehouse, shop, loading doors, and climate-controlled areas.
Where is this warehouse located?
The property is located at 4914 Pan American East Fwy NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: 20,500 SF industrial property at 4914 Pan American East Fwy NE; Front building includes ±3,826 SF showroom and ±12,474 SF warehouse/shop space; Front building has 14’ peak and 12’ eave ceiling heights
