For Sale
$845,000

11019 Cochiti RdAlbuquerque, NM 87123

7,500 SF Flex Space, 6 Units, $845K

Overview

Added:
Dec 11, 2024
Days on market:
117
This Albuquerque industrial property, located at 11019 Cochiti Rd SE, offers 7,500 square feet of versatile space ideal for a variety of uses. The property consists of three buildings on a 0.34-acre lot, zoned MX-M. Built in 1989 and extensively renovated in 2022, it features six individual units, each priced at $140,833.33. Ceiling heights range from 8 feet in office/living areas to 12-16 feet in warehouse spaces, accommodating diverse needs. The property includes two separately gated yards, a renovated tiny house, and three overhead doors (two 12'x10' and one 10'x10'). The asking price is $845,000, translating to $112.67 per square foot. Current tenants are in place and willing to renew leases upon closing, presenting immediate income potential for investors. This Class C property presents a unique opportunity for owner-users and investors alike, offering a blend of warehouse, office, and potential living space. The property's multi-unit structure and flexible layout provide significant adaptability for various business models. The recent renovations ensure modern functionality and efficiency. This is a turnkey opportunity in a desirable Albuquerque location.

Highlights

  • 7,500 SF industrial property on a 0.34-acre lot in Albuquerque.
  • Three buildings with six individual units, each priced at $140,833.33.
  • Zoned MX-M, built in 1989, extensively renovated in 2022.
  • Ceiling heights range from 8' to 16', including three overhead doors.
  • Features two gated yards and a renovated tiny house.
  • Asking price: $845,000 ($112.67/SF); current tenants with renewal options.

Property Details for 11019 Cochiti Rd

Property type
Warehouses, Life science properties
Square Feet
7,500 SF
Class
C
Year Built/Renovated
1989/2022
Buildings
3
Stories
2
Lot Size (sq. ft)
14,810 SF
Units
6

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0703411
Longitude
-106.5239518
11019 Cochiti Rd, Albuquerque, New Mexico

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11019 Cochiti Rd
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