For Sale
$2,600,000
630 Haines Ave Albuquerque, NM 87102
Multi-tenant industrial building, high occupancy.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- 38,358 SF multi-tenant industrial flex building on 1.28 acres in Albuquerque's Sawmill District (87102).
- Class C building, built in 1970, renovated in 2005, with 100% occupancy.
- $2,600,000 asking price ($67.78/SF, $650,000/unit), offering a 10.78% pro-forma cap rate and $280,372 NOI.
- Features four loading docks, 16' ceiling height in warehouse areas, and recent upgrades including a new roof and half the parking lot.
- Zoned NR-LM (Non-Residential Light Manufacturing) with fire sprinklers; leases are modified, with one expiring November 30, 2023.
Property Details for 630 Haines Ave
- Property type
- Industrial properties, Flex space
- Square Feet
- 38,358 SF
- Class
- C
- Year Built/Renovated
- 1970/2005
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 55,757 SF
- Units
- 4
Location Insight
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Latitude
- 35.103478216532
- Longitude
- -106.65306366472
Nearby Similar for Sale
FAQs
- What type of property is this?
- Industrial property - Multi-tenant industrial building, high occupancy.
- Where is the industrial property located?
- The property is located at 630 Haines Ave Albuquerque, NM.
- What is the asking price?
- The asking price for this property is $2,600,000.
- What are key features of this property?
- This property features: 38,358 SF multi-tenant industrial flex building on 1.28 acres in Albuquerque's Sawmill District (87102).; Class C building, built in 1970, renovated in 2005, with 100% occupancy.; $2,600,000 asking price ($67.78/SF, $650,000/unit), offering a 10.78% pro-forma cap rate and $280,372 NOI.
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