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Investment Opportunity 702 Carmony Ln NE

65,000 SF Industrial Building Albuquerque, NM 87107 £5,940,594 (£91/SF)

Investment Highlights

  • 63,000 SF warehouse/distribution center
  • High bay ceilings ranging from 23-28 ft
  • 4 acres of desirable industrial land fenced and gated
  • North I-25 Corridor
  • Dock high and drive in doors
  • Newly remodeled office space

Executive Summary

Strategically located in North I-25 corridor, this warehouse employs convenient access to I-25 and I-40, this also includes a rail spur. The prime location ensures efficient distribution capabilities, making it an ideal hub for businesses looking to streamline their logistical operations. With the impressive 63,000 +/- square feet of space, this warehouse offers ample room for storage, distribution, and operational efficiency. The facility is equipped to accommodate the needs of large-scale enterprises seeking a substantial and versatile space for their inventory. Designed with the latest industry standards in mind, high ceilings and wide loading docks optimized the space efficiency. The layout of the warehouse is separated into 3 portions divided by non-structural walls make it designed for flexibility, allowing for various storage configurations to adapt to the unique requirements of different industries. From pallet racking to bulk storage, the space is easily customizable. Complementing the warehouse functionality, the property includes a well-appointed 14k square ft 2 story office space for administrative functions. Additionally, break rooms, meeting spaces, and other amenities are strategically integrated to support a comfortable and productive work environment. The Facility currently has a tenant with lease expiring in Feb of 2026. The Tenant loves the space and desires to stay at terms to be negotiated with buyer.

Property Facts Under Contract

Price £5,940,594
Price Per SF £91
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 4.00 AC
Rentable Building Area 65,000 SF
Number of Floors 1
Year Built 1979
Tenancy Single
Parking Ratio 1.95/1,000 SF
Clear Ceiling Height 28 ft
No. Dock-High Doors/Loading 6
Level Access Doors 2
Opportunity Zone Yes

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-015-060-449385-1-01-29
Land Assessment
£236,266
Improvements Assessment
£325,954
Total Assessment
£562,220

zoning

Zoning Code M-1 (Light Industrial)
M-1 (Light Industrial)
  • Listing ID: 30649160

  • Date on Market: 12/01/2024

  • Last Updated:

  • Address: 702 Carmony Ln NE, Albuquerque, NM 87107

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