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1501 12th St NW 45,220 SF Vacant Industrial Building Albuquerque, NM 87104 $4,800,000 ($106.15/SF)

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INVESTMENT HIGHLIGHTS

Located in an Opportunity Zone, unlocking substantial federal tax benefits for qualifying investors ±45,220 SF of multi-functional warehouse, storage

EXECUTIVE SUMMARY

This property presents a rare versatile opportunity: suitable for an owner-user seeking immediate occupancy, investors seeking a stabilized asset, or buyers interested in structuring a sale-leaseback with the current owner.

Offering Memorandum

PROPERTY FACTS

Price	$4,800,000	Rentable Building Area	45,220 SF
Price Per SF	$106.15	No. Stories	2
Sale Type	Investment or Owner User	Year Built/Renovated	1948/2020
Sale Conditions	1031 Exchange Sale Leaseback Lease Option Redevelopment Project	Parking Ratio	0.22/1,000 SF
Property Type	Industrial	Clear Ceiling Height	15’
Property Subtype	Manufacturing Industrial Distribution Industrial Refrigeration ColdStorage Industrial Warehouse	No. Dock-High Doors/Loading	7
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	1.15 AC
Zoning	NR-BP - NON-RESIDENTIAL – BUSINESS PARK ZONE DISTRICT (NR-BP)

Price	$4,800,000
Price Per SF	$106.15
Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange Sale Leaseback Lease Option Redevelopment Project
Property Type	Industrial
Property Subtype	Manufacturing Industrial Distribution Industrial Refrigeration ColdStorage Industrial Warehouse
Building Class	B
Lot Size	1.15 AC
Rentable Building Area	45,220 SF
No. Stories	2
Year Built/Renovated	1948/2020
Parking Ratio	0.22/1,000 SF
Clear Ceiling Height	15’
No. Dock-High Doors/Loading	7
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	NR-BP - NON-RESIDENTIAL – BUSINESS PARK ZONE DISTRICT (NR-BP)