121 Virginia St NE - Light Distribution FOR SALE


Albuquerque, NM 87108- La Mesa
$665,000 USD
505-337-0777
121 Virginia St NE, Albuquerque, NM for Sale
$665,000 USD
Light Distribution - FOR SALE
1/11
null | Request Cap Rate

121 Virginia St NE
Albuquerque, NM 87108
La Mesa


HIGHLIGHTS

  • Owner finance available
  • Outside storage
  • Pull-through garage configuration

OVERVIEW

121 Virginia Street NE offers a compelling owner-user opportunity to acquire a functional and versatile warehouse and office facility in Albuquerque’s established Central corridor. Positioned near the intersection of Wyoming Boulevard and Central Avenue, the property provides convenient access to major arterial routes serving the greater Albuquerque metro, allowing efficient movement for service vehicles, deliveries, and employees. The surrounding area supports a wide range of industrial and contractor-oriented businesses, making this an efficient base of operations for companies serving clients across the region. The property is well suited for contractors and trade businesses such as electrical, plumbing, HVAC, and general construction operations that require shop space, office functionality, and exterior storage in one location. The building features a pull-through garage configuration, a drive-in bay door, and open shop space with approximately 20-foot clear height, allowing for flexible equipment layout and efficient workflow. High-capacity 480-volt, three-phase power supports fabrication, welding, machining, and other power-intensive operations. An outside storage or yard area further enhances the site’s utility for material, equipment, trailer, or fleet storage. Automotive and fleet service users will benefit from the building’s layout, which accommodates vehicle maintenance, repair, and servicing functions. The combination of high-clear shop space and large bay access provides the infrastructure necessary for efficient automotive and equipment-based operations. Fabrication and light manufacturing users will appreciate the open interior layout and power capacity, enabling a range of industrial applications without significant reconfiguration. Complementing the industrial component is a clean and functional office area, providing professional space for administration, management, and customer interaction. This integrated office and shop configuration allows owner-users to consolidate operations under one roof, improving operational efficiency and reducing overhead associated with leased facilities. The property is zoned MX-M, offering flexibility for a variety of industrial and commercial uses consistent with the surrounding area. Offered at an attractive price point relative to comparable industrial properties, 121 Virginia Street NE represents a cost-effective ownership opportunity for businesses seeking to control their operating space while building long-term equity. The combination of practical industrial features, usable office space, exterior storage capability, and central location positions this property as a strong acquisition for contractors, service companies, fabrication users, or owner-operators seeking an affordable and functional facility in Albuquerque

FOR SALE DETAILS

PRICE

$665,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15

LAND SF

6,752

ZONING

MX-M

APN/PARCEL ID

1-019-057-466093-4-13-09

ASK ABOUT THIS PROPERTY

Billy LehmannRESOLUT REMore Info
505-337-0777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Billy LehmannRESOLUT REMore Info
505-337-0777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.