- For Sale $1,244,228
- Property Type Industrial - Warehouse
- Property Size 9,593 SF
- Lot Size 2.3 Acre
- Zoning NR-LM
- Additional Rent $129.7/SF
- # of Floors 1
- Property Tenancy Single Tenant
- Building Class C
- Date Updated Nov 3, 2025
- Visibility/Traffic Count (VPD) 10,000
- Clear Height 18'
- Dock High Doors 1
- Drive-In Doors 1
- Ramp Doors 1
- Office Area 438 SF
- Warehouse Area 9,155 SF
Description
1823 Commercial St NE presents a rare opportunity to acquire a high-performing industrial/flex property offering both stable cash flow and user potential in one of Albuquerque’s most accessible industrial corridors.This two-suite asset combines turnkey income with owner-occupant flexibility — ideal for investors, trades, or specialty operators seeking quality space with power, functionality, and growth potential.
BUSINESS CAN BE SOLD WITH PROPERTY:
TOTAL RETURN BUSINESS INCOME + REAL ESTATE CASHFLOW 13.94% OWNER FINANCING OFFERED AVE. EBITDA $307,500. The featured coating company is a rapidly growing specialty surfacing company transforming residential and commercial properties with eco-friendly, non-slip, and temperature controlled coating surfaces. The company’s proprietary system uses recycled rubber from Canadian tires to resurface cracked, deteriorating, or aging concrete and asphalt without demolition — providing a durable, attractive, and sustainable alternative to traditional concrete replacement. Founded on innovation, sustainability, and craftsmanship, built a strong reputation across New Mexico for quality, safety, and environmental responsibility. With increasing market awareness and year-over-year growth, this turnkey operation presents a rare opportunity to acquire a high-margin business positioned at the intersection of green technology and construction services.
Suite B: ±9,593 SF – Currently leased to a stable tenant generating $110,784 NOI, representing a 9% CAP Rate.
Power: 3-Phase, 480-Volt electrical capacity
Zoning: Industrial / Commercial Flex
Accessibility: Centrally located with convenient access to I-25, I-40, and the North I-25 industrial submarket
Parking & Yard: Ample on-site parking and functional loading/ yard areas
Investment Overview: Cap Rate (Suite B): 9.0%NOI: $110,784
Excellent Access to Major Interstates
Shared Yard & Parking Space: 26,114 SF
Ceiling Height: 16’ Clear
Electrical: 3-Phase, 480 Volt
Loading: Dock-High & Box Truck Access
5-Mile Population: 256,247 | Avg HHIncome: $110,168
Traffc Count: 10,000 VPD at Broadway &McKnight
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Contacts
Berkshire Hathaway NM Commercial Real Estate
Location
Located at 1823 Commercial St NE SUITE B Albuquerque, Albuquerque, NM 87102, this property is part of the Santa Barbara - Martineztown neighborhood and Albuquerque market.
Berkshire Hathaway NM Commercial Real Estate
