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    201 Dallas St Albuquerque, NM 87108

    For Sale
    $1,140,000

    Prime Albuquerque industrial property, two buildings.

    Property size:
    9,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents two industrial buildings totaling 9,500 square feet situated on a 0.57-acre lot in Albuquerque, New Mexico. The property, zoned MX-M, features two structures. The first building at 201 Pennsylvania St NE offers approximately 4,700 square feet with three new roll-up doors and three-phase power, boasting a ceiling height of 14 feet 1 inch. The second building, located at 210 Dallas St NE, comprises approximately 4,800 square feet, featuring eight new roll-up doors, a newer TPO roof (approximately 8 years old), and single-phase power, with an impressive ceiling height of 18 feet 11 inches. Both buildings are classified as Class C industrial flex space. The asking price is $1,140,000, translating to $120 per square foot. Existing automotive repair equipment is available for purchase separately, including five lifts, a paint booth complete with a mixing room, and a frame machine. This property presents a unique opportunity for an investor seeking a versatile industrial space with existing infrastructure and significant potential. The property's location in Albuquerque, within Bernalillo County, offers convenient access to major transportation routes and a thriving local economy. The address is 201 Pennsylvania St. & 210 Dallas St NE, Albuquerque, NM 87108.

    Property Features for 201 Dallas St

    General Information

    Property type
    Flex space
    Square Feet
    9,500 SF
    Class
    C
    Lot Size
    24,829 SF

    Building Details

    Buildings
    2

    HighLights

    • Two 9,500 SF industrial buildings on a 0.57‑acre lot in Albuquerque, NM.
    • MX‑M zoning.
    • Building 1 (201 Pennsylvania St NE): 4,700 SF, 14'1" ceilings, three new roll‑up doors, three‑phase power.
    • Building 2 (210 Dallas St NE): 4,800 SF, 18'11" ceilings, eight new roll‑up doors, newer TPO roof, single‑phase power.
    • Class C industrial flex space.
    • Asking price: $1,140,000 ($120/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Potter's House Christian ... Pentecostal Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.5595033
    Latitude
    35.0768195

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    FAQs

    What type of property is this?
    Flex space - Prime Albuquerque industrial property, two buildings.
    Where is this flex space located?
    The property is located at 201 Dallas St Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,140,000.
    What are key features of this property?
    This property features: Two 9,500 SF industrial buildings on a 0.57-acre lot in Albuquerque, NM.; MX-M zoning.; Building 1 (201 Pennsylvania St NE): 4,700 SF, 14'1" ceilings, three new roll-up doors, three-phase power.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Dallas St Albuquerque, NM 87108
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