Property summary
This exceptional Albuquerque industrial warehouse, located at 1235 Aspen Ave NW, presents a compelling owner-user opportunity. Boasting 19,100 square feet of space on a generous 2.1-acre lot, this property offers significant indoor and outdoor storage capacity. The warehouse features eight dock-high doors, facilitating efficient loading and unloading, and boasts ceiling heights ranging from 14 to 18 feet, providing ample vertical space for various industrial uses. The property is zoned NR-BP and benefits from convenient access to both I-40 and I-25, ensuring seamless transportation logistics. Additional features include three-phase power and access from both 12th Street and Aspen Avenue. The expansive lot provides ample room for expansion or outdoor operations. Its location on the Rail Trail 7-mile loop adds to its appeal. This property is ideally suited for businesses requiring substantial space and convenient access to major transportation arteries, making it an excellent investment for industrial users or those seeking significant operational flexibility. The asking price is $2,200,000.
Property profile
VerifiedCap rate & NOI
Current use
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Theater & Performing Art Venue Music Venue
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Rental Equipment Company
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Rental Equipment Company
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Film Production
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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