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Investment Highlights

  • Delivers vacant at closing — immediate occupancy or lease-up with no rollover risk
  • Strong frontage and visibility along Gibson Boulevard SE
  • In-place billboard income offsets carrying costs
  • ±3.06 acres with secured yard and loading infrastructure
  • NR-LM zoning supports broad industrial, warehouse, and manufacturing uses

Executive Summary

Albuquerque's Southeast industrial corridor presents a rare opportunity to acquire an owner-user industrial facility with immediate availability for occupancy or lease-up. Delivering vacant at closing, the property allows an investor or owner-user to capitalize on current market leasing fundamentals from day one, free of rollover risk or tenant disruption.
Positioned on approximately 3.06 acres with strong frontage and visibility along Gibson Boulevard SE, the facility offers a functional industrial layout that combines warehouse and distribution space, office buildout, secured yard components, and loading infrastructure suitable for a variety of industrial users. Its NR-LM (Non-Residential Light Manufacturing) zoning supports a broad range of industrial, warehouse, manufacturing, and contractor-oriented uses, while convenient access to I-25, I-40, the Albuquerque International Sunport, and major regional transportation corridors keeps operations well connected throughout the region.
Existing billboard income provides in-place supplemental revenue that offsets carrying costs as ownership executes its lease-up or occupancy strategy. The result is a versatile offering well suited to owner-users seeking functional industrial product with yard capability in a supply-constrained market, as well as investors pursuing value-add lease-up potential with additional ancillary income streams.
Located within one of Albuquerque's primary industrial submarkets, this desirable infill property sits in close proximity to labor, transportation infrastructure, and an established base of industrial users—a combination that defines its long-term appeal.

Property Facts

Price $3,800,000
Price Per SF $119.32
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Building Class B
Lot Size 3.06 AC
Rentable Building Area 31,847 SF
No. Stories 1
Year Built 1960
Tenancy Single
Clear Ceiling Height 18’6”
No. Dock-High Doors/Loading 13
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning NR-LM - Allows for moderate-intensity commercial, light assembly, fabrication, and light manufacturing uses. Buyer to verify.

Amenities

  • Fenced Lot
  • Signage
  • Perimeter Security Fence
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
1-016-055-121484-2-03-12
Land Assessment
$188,551
Improvements Assessment
$655,599
Total Assessment
$844,150
  • Listing ID: 40808753

  • Date on Market: 6/5/2026

  • Last Updated:

  • Address: 2645 Baylor Dr SE, Albuquerque, NM 87106

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