Fenced Warehouse
For Sale
Contact for pricing
528 Juan Tabo Boulevard NE, Albuquerque, NM 87123
Two-building industrial facility with separate warehouse spaces, offices, utility sinks, and multiple loading bays.
Property Size3,775 SF
Lot Size0.23 Acres
Price / SF$1.05
Days on Market93
Property Features for 528 Juan Tabo Boulevard NE
General Information
Standard status
Active
Size
3,775 SF
Lot size
0.23 Acres
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Warehouse Space
3,775 SF
Building Details
Buildings
2
Listing Agency:
Realty One of New Mexico
Listed By:
Johanna Lorenzo · License #20432
(505) 980-8030
Source:
Dukecityrealty
Added: Jul 16
Changed: Oct 3
Last Checked: Oct 14 at 10:21PM
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 Realty One of New Mexico
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Investment Insights
Based on property information with market context.
This warehouse property comprises two separate buildings totaling 3,775 SF on a fully fenced 0.23-acre lot. The southern building contains 2,810 SF with a brand-new TPO roof, painted floors, two bay doors, approximately 10-foot ceilings, office space, a utility sink, swamp cooler, furnace, and a metal carport over one bay door. The northern building adds 965 SF, two bay doors, approximately 12-foot ceilings, and another utility sink.
Combined improvements include four offices and three bathrooms. The configuration supports business, storage, distribution, contractor, and light industrial uses. The property is located at 528 NE Juan Tabo Boulevard in Albuquerque, near Juan Tabo and I-40, with access to a visible industrial setting.
Combined improvements include four offices and three bathrooms. The configuration supports business, storage, distribution, contractor, and light industrial uses. The property is located at 528 NE Juan Tabo Boulevard in Albuquerque, near Juan Tabo and I-40, with access to a visible industrial setting.
Key Highlights
- Two warehouse buildings totaling 3,775 SF on a fully fenced 0.23‑acre lot
- Southern warehouse measures 2,810 SF and has a brand‑new TPO roof
- Northern warehouse provides 965 SF with approximately 12‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,875
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,500
$517.5K
Cap Rate 7%
$369,643
$369.6K
Cap Rate 9%
$287,500
$287.5K
Market Conditions
NOI Build-Up for 3,775 SF
Gross rent
$31.7K $8.40/SF
− Vacancy
−$1.3K −$0.34/SF
EGI
$30.4K $8.06/SF
− OpEx
−$4.6K −$1.21/SF
NOI
$25.9K $6.85/SF
Area
Albuquerque, NM
Vacancy
4.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,500
Cap Rate 7%
$369,643
Cap Rate 9%
$287,500
Alternative Uses
Best Use
Warehouse
$369.6K
$323.4K – $431.3K
NOI $25,875 @ 7.0% cap · market cap 655.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$913.2K
$799.1K – $1.07M
NOI $63,927 @ 7.0% cap · market cap 1,618.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 87123, NM
44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Four Hill Outdoor Storage — 12900 Central Ave SE, Albuquerque, NM 87123
- Tijeras Self Storage — 201 Dorado Pl SE, Albuquerque, NM 87123
- Albuquerque Self Storage — 13041 Central Ave NE, Albuquerque, NM 87123
- Extra Space Storage — 11930 Central Ave SE, Albuquerque, NM 87123
- Self Storage — 13031 central ave ne, albuquerque, nm 87123
Frequently Asked Questions
What type of property is this?
Warehouse - Two-building industrial facility with separate warehouse spaces, offices, utility sinks, and multiple loading bays.
Where is this warehouse located?
The property is located at 528 Juan Tabo Boulevard NE Albuquerque, NM.
What are key features of this property?
This property features: Two warehouse buildings totaling 3,775 SF on a fully fenced 0.23‑acre lot; Southern warehouse measures 2,810 SF and has a brand‑new TPO roof; Northern warehouse provides 965 SF with approximately 12‑foot ceilings
