2524 Graceland NE Dr Albuquerque, NM 87110-3802
This exceptional 4,275-square-foot flex space presents a unique opportunity for businesses seeking a versatile and well-maintained industrial property. The single-tenant building sits on a half-acre lot, offering ample secure yard space for storage or operations. The building features a convenient storefront entry, enhancing accessibility and visibility. Loading and unloading are simplified with three grade-level doors: two measuring 10' x 10' and one measuring 12' x 10'. Inside, a clear span of 9'11" provides flexibility in layout and equipment placement. The property benefits from 200-amp, single-phase power. Recent improvements significantly enhance the building's functionality and aesthetics. These include a newly sealed parking lot, new insulation throughout the building, new interior protective wainscoting, and fresh exterior paint applied in November 2024. The property is zoned MX-M, allowing for a range of potential uses. Note that a mobile phone tower located on the property is not included in the sale. This turnkey property is ready for immediate occupancy and offers a compelling combination of functionality, location, and recent upgrades.
-
Andreson Awnings And Canvas Building Supply Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.