2420 Midtown Pl NE - Warehouse CONDO FOR SALE


Albuquerque, NM 87107- Pleasant Acres Addition
$425,000 USD
505-337-0777
2420 Midtown Pl NE, Albuquerque, NM for Sale
$425,000 USD
Warehouse CONDO - FOR SALE
1/8
2,400 SF | Request Cap Rate

2420 Midtown Pl NE
Albuquerque, NM 87107
Pleasant Acres Addition


HIGHLIGHTS

  • Fully Gated Industrial complex
  • Two units neighboring units available
  • 19'-22' clear height
  • Desirable location near I-25 and Montgomery
  • New built out office space in one unit
  • 14' rollup doors

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$425,000 USD

CAP RATE

Request Cap Rate

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

North I-25 Corridor Gated Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

51,946 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

NR-GM

APN/PARCEL ID

1-016-060-160500-2-10-01-AA,1-016-060-160500-2-10-01-AT

ASK ABOUT THIS PROPERTY

Billy LehmannRESOLUT REMore Info
505-337-0777

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Billy LehmannRESOLUT REMore Info
505-337-0777

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