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Compact Industrial Nob Hill 125 Manzano St NE 2,384 SF Office Building Albuquerque, NM 87108 $396,000 ($166.11/SF)
Investment Highlights
- Rare Owner-User Opportunity
- Flexible Configuration
- Secure Fenced Yard
- High-Quality Improvements
- Pull Garage Bays
- Turnkey Contractor Facility
Executive Summary
125 Manzano St NE presents a rare opportunity to acquire a high quality, small-format industrial/flex asset in one of Albuquerque’s
most desirable infill submarkets. The ±2,384 SF property is thoughtfully
configured with a combination of functional office space, multiple
garage bays, workshop areas, and secure yard, allowing for a wide
range of owner-user or investment applications.
Originally utilized as an auto-related facility, the property has been
well maintained and offers a turnkey layout for contractors, service
users, automotive operators, or live/work configurations. The inclusion
of two garage spaces, dedicated work areas, and a fenced yard
provides operational flexibility that is increasingly difficult to find at
this scale and price point.
At $396,000, this asset represents a compelling value relative to
replacement cost and current market pricing, particularly for users
seeking a high-functioning building without the capital intensity of
larger industrial acquisitions.
most desirable infill submarkets. The ±2,384 SF property is thoughtfully
configured with a combination of functional office space, multiple
garage bays, workshop areas, and secure yard, allowing for a wide
range of owner-user or investment applications.
Originally utilized as an auto-related facility, the property has been
well maintained and offers a turnkey layout for contractors, service
users, automotive operators, or live/work configurations. The inclusion
of two garage spaces, dedicated work areas, and a fenced yard
provides operational flexibility that is increasingly difficult to find at
this scale and price point.
At $396,000, this asset represents a compelling value relative to
replacement cost and current market pricing, particularly for users
seeking a high-functioning building without the capital intensity of
larger industrial acquisitions.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
2,384 SF
Building Class
C
Year Built
1956
Price
$396,000
Price Per SF
$166.11
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,384 SF
Building FAR
0.39
Lot Size
0.14 AC
Zoning
MX-M - Mixed
Parking
3 Spaces (1.26 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1-017-057-470226-4-37-04 | Improvements Assessment | $52,369 |
| Land Assessment | $7,956 | Total Assessment | $60,325 |
Property Taxes
Parcel Number
1-017-057-470226-4-37-04
Land Assessment
$7,956
Improvements Assessment
$52,369
Total Assessment
$60,325
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Compact Industrial Nob Hill | 125 Manzano St NE
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