1501 12th Street NW, Albuquerque, NM 87104

$4,800,000

Property Type: Commercial Sale Square Footage: 45,220 Lot Size (sq. ft.): 50,225 Status: Active

Current Price: $4,800,000 List Date: 12/10/2025 Last Modified: 12/19/2025

Overview

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 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, six 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.

Supplements: 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. In ... (Read more)

Listing Details MLS# 1095565

Contract Information

List Price/SqFt: 106.15

Location

Street #: 1501
Street Name: 12th
St Suffix: Street
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87104
Zip +4: 2216
Directions: I40 to 12th street. south on 12th street to property on west side.
MLS Area Major: 80 - Downtown Area
Zone Atlas: H13
Freestanding: Yes

General Property Description

Property Sub-Type: Building
Living Area: 45220
Acres: 1.15
Lot SqFt: 50225
Apx Lot Dim Front: 310.5
Apx Lot Dim Side: 150
Lot Size Source: On-Line
Flood Zone: X
Total # Stories: 2
# Parking Spaces: 66
Docks: Yes
# of Docks: 9
Door Height: 8
Disability Access: Yes
% Occupied: 60
Transaction Type: Sale

Miscellaneous

Land Ownership: Land Owned

Cooling

Centrally Ducted: No

Sales Info

Trade/Xch Considered: No

More Information

Tax & Legal Info

UPC Code: 101305848552812409
Short Legal Desc: Tract A Lands Of Modern Press Inc Replat Of Trs 341-A2-A1-A2 & 341-A2-C Mr
GRT Code: 02-100
Tax Exemption: Unknown
Tax Annual Amount: 20964.66

Construction Materials

Brick: Yes

Heating

Other: Yes

Tenant Pays

Triple Net: Yes

Income & Expenses

Lease Term/Months: Negotiable

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Features

220 Power: Yes
3 Phase: Yes
440 Power: Yes

Lease Information

Call List Office: Yes
New Lease to Buyer: Yes

Parking

On Site: Yes

Docs/Data Available

Survey: Yes

Finance Considered

Cash: Yes
Conventional: Yes
Owner Financing: Yes

Zoning

NR-BP*: Yes

Property Features

Location: Freestanding; Freestanding Construction Materials: Brick Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Other Tenant Pays: Triple Net Features: 220 Power; 3 Phase; 440 Power Lease Information: Call List Office; New Lease to Buyer Parking: On Site Finance Considered: Cash; Conventional; Owner Financing Zoning: NR-BP*

Listing Office: EXP Realty LLC

Last Updated: December - 19 - 2025

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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1501 12th Street NW, Albuquerque, NM 87104 (MLS# 1095565)