www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28839600
28839602

1501 12th St NW, Albuquerque, NM 87104

eXp Realty, LLC Albuquerque
Listed by eXp Realty, LLC Albuquerque
$4,800,000
177 days on market
Updated 168 days ago

Sawmill Opportunity Zone

Details
Property Type Industrial
Sub Type Distribution, Refrigerated/Cold Storage (+1)
Square Footage 45,220
Net Rentable (SqFt) 17,694
Occupancy 60%
Tenancy Multi
Lease Type NNN
Price per SqFt $106
Class B
Year Built 1945
Year Renovated 2020
Buildings 1
Stories 2
Acreage 1.153
Zoning NR-BP
Investment Type Owner/User
Ceiling Height 14
Loading Docks 1
Dock High Doors 8

Sawmill Industrial Property in Opportunity Zone

Marketing description

Positioned in the heart of Albuquerque’s 12th Street corridor, 1501 12th St NW presents a rare opportunity to acquire ±45,220 SF of versatile industrial space within a federally designated Opportunity Zone, offering significant tax incentive potential and long-term growth upside.

Situated on 1.15 acres and supported by 3-phase power (equipped with 1,600 amps at 240 volts and 600 amps at 480 volts) offering a versatile and unusually powerful electrical setup suitable for energy-intensive operations. One loading dock, eight roll-up doors, expansive clear-span areas, and both on-site and overflow parking, this property lends itself to a wide range of industrial, manufacturing, distribution, or specialty-use operations. Sprinkler system and floor drains installed and glycol chilled cooling available. Its proximity to Interstate 40 makes logistics and regional connectivity seamless.

A Flexible Acquisition for Multiple Buyer Profiles

• Owner-User Advantage
With warehouse, production, and guest-facing spaces already demised, this asset allows an operator to immediately establish or expand operations in a central, high-visibility corridor. Positioned in an Opportunity Zone, owner-users can capitalize on potential tax incentives while controlling their long-term occupancy costs.

• Investment Opportunity
Investors will appreciate the building’s scale, urban-core location, zoning flexibility (NR-BP), and strong fundamentals. The property’s size, parking capacity, and layout create excellent repositioning or redevelopment potential especially given the momentum in the Sawmill and Rail Trail districts.

• Sale–Leaseback Potential
The current ownership is open to a sale-leaseback structure, providing the buyer with an immediate, stabilized income stream backed by an existing user. This structure reduces downtime, minimizes risk, and delivers predictable cash flow from day one.

Investment highlights

  • Located in an Opportunity Zone, unlocking substantial federal tax benefits for qualifying investors

  • ±45,220 SF of multi-functional warehouse, storage, and flex areas

  • Six roll-up doors supporting efficient loading logistics

  • Abundant parking, including overflow space

  • Close proximity to I-40, retail amenities, hotels, and major employment centers

  • A compelling option for owner-users, investors, or buyers seeking a sale-leaseback

  • High capacity electrical infrastructure

Listing Contacts

eXp Realty, LLC Albuquerque
Listed by eXp Realty, LLC Albuquerque

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Andrea Hankins
License
54093
Brokerage Phone
505-554-3873
Name
Alexis Pinter
License
20510
Brokerage Phone
505-261-4969
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591