Mixed Use/Light Indusrtial Uses Permitted

Investment Overview

For Sale: $2,550,000 (entire 3.8-acre property with 10,450 SF warehouse) Asking Price Breakdown: • Warehouse: $1,550,000 ($148.33/SF) • Land: $1,000,000 ($263,158/acre) • Total: $2,550,000 For Lease: $12.00/SF/YR | 10,450 SF Warehouse This 10,450 SF clear-span warehouse/flex building sits on a 3.8-acre MX-H-zoned parcel along Central Avenue in Albuquerque's East Central corridor. The building features 12'–19' ceiling heights, modern LED lighting, updated electrical, new insulation, and new HVAC units. Fully fenced and gated with direct Central Ave frontage and a large pylon sign. The lease option covers the warehouse on approximately 0.88 acres. The remaining ~3 acres behind the building are available only as part of the full sale. For an investor or developer, the back acreage presents a compelling opportunity. The MX-H zoning supports multifamily development, and the surrounding area is predominantly residential — townhomes or a small apartment project would be consistent with the neighborhood context. Access to the rear land from Central Ave is available, making the development potential actionable. With immediate access to I-40 and the Big I interchange, this property works as an owner-user industrial play today, a straight land/development deal, or a combined investment.

Investment Highlights

• 10,450 SF Industrial Building on 3.8 Acres
• Zoning: MX-H (Mixed Use/High Intensity)
• For Sale: $2,550,000
• For Lease: $12.00/SF NNN
• New Insulation, Skylights, and LED Lighting
• Partial New Roof
• Fully Fenced and Gated
• Highly Visible from Central Ave NE
• Signage on Central Ave
• Freeway Access to I-40 and the Big I Interchange