8000 Bluewater NW Rd, Albuquerque, NM 87121-2062
- Manufacturing properties
- 202,320 SF
- 15.11 lot acres
Current Use by Public Records
- Western Paper Distributors Inc / Home Decor Store / Department Store
- Floor Coverings International & Shaw / Big Box & Wholesale Store / Building Supply
- Gem State Distributors Inc / Distribution Center / Logistics Company
- Ontrac Messenger / Logistics Company / Freight Service
- Owens & Minor - Albuquerque Distribution Center / Logistics Company / Freight Service
Property Details for 8000 Bluewater NW Rd
- Year built
- 2000
- Lot size
- 15.11 lot acres
- Property type
- Manufacturing properties
- APN
- 1-010-057-152-327-2-04-30
- APU
- 101005715232720430
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 26, 2025 | — | Lrf3 Abq Sandia Distribution Center | Sandia Property Owner LP | Deed · related | — |
| Dec 23, 2020 | — | Sandia Property Owner LP | Ejm-albuquerque Property LLC | Grant Deed | $206.4M · Rbc R/e Cap Corp |
Description
This exceptional 201,720-square-foot Class B industrial distribution center, built in 2000, presents a compelling investment opportunity. Located at 8000 Bluewater Rd NW, Albuquerque, NM 87121, in the desirable West Mesa submarket of Bernalillo County, this single-building property boasts 100% occupancy with six diverse tenants, ensuring stable cash flow. The property features eight loading docks, 47 dock-high doors, and a 24-foot ceiling height, catering to a wide range of distribution needs. Ample parking is provided with 319 spaces. The property is offered as a Triple Net (NNN) lease, with varied unit sizes contributing to high tenant retention. This core investment benefits from a strong industrial market with low vacancy rates and significant potential for future rent growth due to shorter lease terms. The property's Asset Property Number (APN) is 1-010-57-152-327-20430, 1-010-057-109317-2-04-35. This is a rare chance to acquire a well-positioned, high-performing asset in a thriving market. The diversified tenant base mitigates risk, while the strong market dynamics promise continued growth and return on investment.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $6,747,000
Market price range: $5.03M - $16.5M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $10,280,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.722
- Latitude
- 35.0819
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
