6801 Washington St NE Albuquerque, NM 87109
- Flex space
- 5,700 SF
- 1.00 lot acres
Current Use by Public Records
- Us Glove Inc. / Manufacturer / Exercise Equipment Store
Property Details for 6801 Washington St NE
- Year built
- 1973
- Lot size
- 1.00 lot acres
- Property size
- 5,700 SF
- Property type
- Flex space
- APN
- 1-017-062-149-422-2-04-15
- APU
- 101706214942220415
Description
This exceptional 5,797 square foot industrial warehouse, located at 6801 Washington St NE in Albuquerque, New Mexico, presents a compelling owner-user opportunity. Situated on a one-acre lot, this single-story building boasts recently completed renovations, including maricoat flooring, laminated glass skylights, solid wood doors, and windows. The property features 8-9 foot ceiling heights and a paid-off $90,000 solar carport, significantly reducing energy costs. An 8-foot structural steel fence with two access points enhances security. The warehouse is currently configured as a packaging facility, with the lease expiring October 17, 2024. The property includes a walk-in private vault and refrigerated air. Its strategic location is within one mile of I-25, offering convenient access to major transportation routes. The asking price is $1,390,000, representing a pro-forma cap rate of 7.20% and a price per square foot of $205.28. The property is zoned NR-LM, and the one-acre lot offers potential for future expansion. This turnkey operation is ideal for a variety of industrial uses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.599
- Latitude
- 35.157
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
