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2420 Midtown Pl NE - North I-25 Corridor Gated Industrial 2,400 SF Industrial Condo Units Offered at $425,000 Per Unit in Albuquerque, NM 87107
INVESTMENT HIGHLIGHTS
- Fully Gated Industrial complex
- 19'-22' clear height
- New built out office space in one unit
- Two units neighboring units available
- Desirable location near I-25 and Montgomery
- 14' rollup doors
EXECUTIVE SUMMARY
2420 Midtown Place NE is a well-maintained† industrial complex located in one of Albuquerque’s most desirable and centrally accessible trade areas . The property offers excellent functionality for a variety of light industrial, service, and distribution uses with immediate access to major corridors including† I-25, I-40, and the Midtown business district. The complex is known for its clean presentation, ample parking, and professional environment, making it ideal for owner-users or investors seeking stabilized industrial assets in the heart of the city. Units I & J—For Sale Unit I and Unit J are adjoining, simple condominium units within the complex and are being offered together. Combined, they provide a versatile configuration suitable for a wide range of industrial or flex users. Unit I features a well-appointed office area with private offices, reception, and restroom facilities, along with functional warehouse space offering excellent ceiling height and grade-level access. Unit J is an open-span warehouse ideal for storage, fabrication, or light manufacturing, offering efficient layout and access for equipment or vehicle loading. Together, these units provide a balanced mix of office and open warehouse space with the ability to accommodate expansion, operational flexibility, or multitenant use.
PROPERTY FACTS
| Total Building Size | 51,946 SF | Typical Floor Size | 51,946 SF |
| Property Type | Industrial | Year Built | 2000 |
| Property Subtype | Warehouse | Lot Size | 1.49 AC |
| Building Class | B | Parking Ratio | 1.02/1,000 SF |
| Floors | 1 | Opportunity Zone |
Yes
|
| Zoning | NR-GM - Non Residential - General Manufacturing | ||
| Total Building Size | 51,946 SF |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 51,946 SF |
| Year Built | 2000 |
| Lot Size | 1.49 AC |
| Parking Ratio | 1.02/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | NR-GM - Non Residential - General Manufacturing |
2 UNITS AVAILABLE
Unit I
| Unit Size | 2,400 SF | Condo Use | Industrial |
| Price | $425,000 | Sale Type | Investment or Owner User |
| Price Per SF | $177.08 |
| Unit Size | 2,400 SF |
| Price | $425,000 |
| Price Per SF | $177.08 |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
DESCRIPTION
- Office/warehouse condominium unit
- 1 10’ x 12’ Overhead door per unit
- Fenced yard area being 15’ deep x 60’ wide
- 19’ - 22’ ceiling height
- Store front entrance
- Gated entrances to business park providing added security
- Good truck circulation
- NNN are $3.10/SF
- Great location right off I-25 and next to Top Golf
- Zoning NR-GM (Non-Residential General Manufacturing)
Power: 200Amp
SALE NOTES
Positioned in one of Albuquerque’s most accessible and sought-after industrial corridors, 2420 Midtown Place NE offers a rare opportunity to acquire two adjoining condo units within a fully gated complex. Units I & J combine to deliver a versatile configuration ideal for light industrial, service, or distribution operations. Unit I features a professionally built-out office area with private offices, reception, and restroom facilities, while Unit J offers open-span warehouse space optimized for fabrication, storage, or light manufacturing. With 19'–22' clear heights, grade-level access via 14' roll-up doors, and a gated yard, the property is designed for operational efficiency and security.
Located just south of Montgomery in the North I-25 Corridor, the site provides immediate access to I-25, I-40, and the Midtown business district. This infill location places owners within minutes of Downtown Albuquerque, Uptown, and the broader metro area. The surrounding trade area supports a daytime population of 127,000 and boasts an average household income of $89,010 within a 3-mile radius. Whether for immediate occupancy or long-term investment, this asset offers a compelling mix of location strength, functional design, and income potential.
Unit J
| Unit Size | 2,400 SF | Condo Use | Industrial |
| Price | $425,000 | Sale Type | Investment or Owner User |
| Price Per SF | $177.08 |
| Unit Size | 2,400 SF |
| Price | $425,000 |
| Price Per SF | $177.08 |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
DESCRIPTION
- Office/warehouse condominium unit
- 1 10’ x 12’ Overhead door per unit
- Fenced yard area being 15’ deep x 60’ wide
- 19’ - 22’ ceiling height
- Store front entrance
- Gated entrances to business park providing added security
- Good truck circulation
- NNN are $3.10/SF
- Great location right off I-25 and next to Top Golf
- Zoning NR-GM (Non-Residential General Manufacturing)
Power: 200Amp
SALE NOTES
Positioned in one of Albuquerque’s most accessible and sought-after industrial corridors, 2420 Midtown Place NE offers a rare opportunity to acquire two adjoining condo units within a fully gated complex. Units I & J combine to deliver a versatile configuration ideal for light industrial, service, or distribution operations. Unit I features a professionally built-out office area with private offices, reception, and restroom facilities, while Unit J offers open-span warehouse space optimized for fabrication, storage, or light manufacturing. With 19'–22' clear heights, grade-level access via 14' roll-up doors, and a gated yard, the property is designed for operational efficiency and security.
Located just south of Montgomery in the North I-25 Corridor, the site provides immediate access to I-25, I-40, and the Midtown business district. This infill location places owners within minutes of Downtown Albuquerque, Uptown, and the broader metro area. The surrounding trade area supports a daytime population of 127,000 and boasts an average household income of $89,010 within a 3-mile radius. Whether for immediate occupancy or long-term investment, this asset offers a compelling mix of location strength, functional design, and income potential.
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2420 Midtown Pl NE - North I-25 Corridor Gated Industrial
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