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Industrial Land with Approved Plans
For Sale
$440,000

601 Aspen Avenue NW, Albuquerque, NM 87106

CommercialSale, Albuquerque, NM

Property Size4,800 SF
Lot Size0.31 Acres
Price / SF$91.67
Days on Market175

Property Features for 601 Aspen Avenue NW

General Information

Property type Commercial Sale
Property subtype Other
Zoning description NR-LM*
Parking 5
Accessibility Accessible Approach with Ramp
Directions On the corner of 6th and Aspen downtown
Subdivision 80 - Downtown Area
Standard status Active
APN 101405818251824207
Lot size 0.31 Acres

Taxes and HOA fees

Tax Description lot 1-A, Block 5 ives addition being comprised of lots 1 thru 4, Block 5 Ives addition
Tax Annual Amount 1350
Legal Description lot 1-A, Block 5 ives addition being comprised of lots 1 thru 4, Block 5 Ives addition

Building Details

Floors in Building 1
Building materials MetalFrame
Listing Agency: Helix Real Estate Group · Help-U-Sell Real Estate
Listed By: David Liotta · License #19255
Added: Apr 22 Changed: Sep 17 Last Checked: Oct 13 at 3:06PM
MLS# 1102171

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This industrial land offering includes a flat, cleared corner lot at 601 Aspen Avenue NW, positioned at 6th and Aspen. Fully approved plans and City of Albuquerque permits are in place for a prefabricated office/warehouse measuring 60' x 80', or 4,800 SF, with a 21' peak height. The planned structure uses a metal frame and includes an accessible approach with ramp.

The property is zoned NR-LM, or Non-Residential Light Manufacturing, supporting a range of commercial and industrial uses. The site is presented with the dirt lot and approved project materials, allowing a buyer to proceed with construction using its own contractor or pursue the build through the available project arrangement.

Key Highlights

  • Flat, cleared corner lot at 601 Aspen Avenue NW, at 6th and Aspen
  • 60' x 80' prefabricated office/warehouse plan totaling 4,800 SF
  • 21' peak height planned for the office/warehouse structure

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Nail Salon Dental Office Real Estate Agency Hair Salon Skin Care Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21 ft
Clear height

Location Intelligence

Trade Area within ½ mile

1,159
Businesses Nearby

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Cleared corner site with approved plans and permits for a prefabricated office/warehouse.
Where is this industrial land located?
The property is located at 601 Aspen Avenue NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Flat, cleared corner lot at 601 Aspen Avenue NW, at 6th and Aspen; 60' x 80' prefabricated office/warehouse plan totaling 4,800 SF; 21' peak height planned for the office/warehouse structure
More about this property
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