12815 Central AveAlbuquerque, NM 87123

For Sale
$2,295,000

10,450 SF Warehouse, 3.85 Acres, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Albuquerque, NM property presents a compelling investment opportunity. Located at 12815 Central Ave NE, this free-standing, single-story warehouse boasts 10,450 square feet of clear-span space, ideal for a variety of uses. The building features ceiling heights ranging from 12 to 19 feet and sits on a generous 3.85-acre lot, offering significant expansion potential. The property includes a new electronic gate and a prominent pylon sign facing Central Avenue, which has a daily traffic volume of 20,065 vehicles. Its convenient location provides easy access to I-40, enhancing its appeal to businesses. Zoned MX-H, this property is suitable for cannabis retail and cultivation. The surrounding area shows positive projected population and income growth, making this a strong investment prospect. The property is currently vacant, presenting an owner-user opportunity or a chance to lease to a suitable tenant. This prime Albuquerque real estate is ready for its next chapter. The estimated 2023 household income in the area is $80,186, with positive projected annual growth through 2028. The property's proximity to Apache Elementary School further enhances its desirability. Two full access points add to the property's functionality and convenience.

Highlights

  • Cannabis retail and cultivation permitted.
  • 10,450 SF free-standing warehouse/flex space.
  • Clear-span building with 12'-19' ceiling heights.
  • High visibility location on Central Ave (20,065 VPD), with pylon signage and new electronic gate.
  • Excellent I-40 access.
  • Two access points.

Property Details for 12815 Central Ave

Property type
Other retail properties, Other industrial properties
Square Feet
10,450 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
167,706 SF
Units
1

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.069178411712
Longitude
-106.50656778234
12815 Central Ave, Albuquerque, New Mexico

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12815 Central Ave
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