Industrial Properties - For Sale
5620 Venice Avenue Northeast Albuquerque, NM 87113
Details & Description
Price: $320,000
  • Property Type Industrial for Sale : Flex-Office-Warehouse
  • Lot Size Acres 0.000
  • Building Sq Ft 3,000
  • Building Price per Sq Ft $106.67
  • Land Price per Sq Ft $160.67
100% Leased - Investment Opportunity.8.06% CAP Rate (See Financial Summary)3 year term (beginning 9/1/19)Venice Business Park Office/Warehouse Condominium Unit J3,000 sf +/- (50/50 O/W) Offices - 3 to 4 private, open office and reception areaZoning: NR-LM (Light Manufacturing) City of Albuquerque• 18’ Clear Height.• Two 10’ x 12’ Grade Level O/H Doors.• Fenced Yard (approx. 20’ x 30’).• Association Dues $125/month (Includes: Water, Sewer, Trash, and CAM.)Occupied - Please do not disturb tenant.See agent for more details.
Listing Agents
Jacob Vosburgh

O: 505-858-1444
M: 505-280-2964
jake@mcrnm.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

5620 Venice Avenue Northeast

Albuquerque, NM 87113

Venice Business Park

Listing ID: 218503
$320,000
For Sale
  • Property Type Industrial for Sale : Flex-Office-Warehouse
  • Lot Size Acres 0.000
  • Building Sq Ft 3,000
  • Building Price per Sq Ft $106.67
  • Land Price per Sq Ft $160.67
5620 Venice Avenue Northeast Albuquerque, NM 87113 | for Sale | Photo 1
Description

100% Leased - Investment Opportunity.

8.06% CAP Rate (See Financial Summary)

3 year term (beginning 9/1/19)

Venice Business Park Office/Warehouse Condominium Unit J

3,000 sf +/- (50/50 O/W) Offices - 3 to 4 private, open office and reception area

Zoning: NR-LM (Light Manufacturing) City of Albuquerque

• 18’ Clear Height.

• Two 10’ x 12’ Grade Level O/H Doors.

• Fenced Yard (approx. 20’ x 30’).

• Association Dues $125/month (Includes: Water, Sewer, Trash, and CAM.)

Occupied - Please do not disturb tenant.

See agent for more details.

Attachments & Files
Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Albuquerque History of Industrial Properties for Sale

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Albuquerque Area Market Trends

Listing Demographics for 5620 Venice Avenue Northeast Albuquerque, NM 87113

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population3,50742,851132,741
Population Median Age364142
Population by Age0-9 Yrs494 (14%)4643 (10%)13294 (10%)
10-19 Yrs677 (19%)4862 (11%)14640 (11%)
20-29 Yrs246 (7%)5274 (12%)18118 (13%)
30-39 Yrs451 (12%)5641 (13%)16835 (12%)
40-49 Yrs632 (18%)5587 (13%)15474 (11%)
50-59 Yrs506 (14%)6340 (14%)19119 (14%)
60-69 Yrs225 (6%)5037 (11%)17624 (13%)
70+ Yrs277 (7%)5467 (12%)17636 (13%)
Median HH Income$93,810$73,460$63,082
Total Household Income< 24K210 (16%)2927 (17%)10910 (19%)
25-49K133 (10%)2760 (16%)11562 (20%)
50-74K188 (15%)3080 (17%)9699 (17%)
75-99K122 (9%)2190 (12%)6798 (12%)
100-199K414 (33%)4538 (26%)12434 (22%)
200K+179 (14%)1693 (9%)4793 (8%)
Highest Education LevelNo Diploma11721806332
Diploma or GED413618517943
Some College328628621448
Assoc. Degree16822177291
Bachelors Degree499722622809
Higher Degree633667520208
Total Housing Units1,39618,69661,664
--Owner-Occupied93512,71734,890
--Renter-Occupied3124,47021,307
Owner-Occupied Values< 100K11417413201
100-199K6919115981
200-299K261405610514
300-399K26822476324
400-499K9511043413
500K+12916585457
Total Working Age Population2,59935,434110,801
In Work Force1,74122,52569,070
Not In Work Force85812,91041,731
Workforce Employed1,58621,41465,002
Workforce Unemployed1149393,633
Civlian Workforce1,70022,35368,635
Military Workforce40172435
Total Households1,24717,18756,197
Family Households88010,96632,884
Non-Family Households3676,22223,313
Married Couple7308,58424,268
Other Family1512,3828,616
Married w/Child3453,2568,210
Single Male w/Child212391,107
Single Female w/Child826932,740

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New Mexico1,819,046+132,059,179+62,187,183+62,308,475
Bernalillo County556,678+19662,564+8715,115+7763,571
Sandoval County89,908+46131,561+13148,708+21180,269

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Closest Commercial Airports
Airport Distance (mi)
Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 11
Rick Husband Amarillo International Airport (AMA) 275
Lubbock Preston Smith International Airport (LBB) 291
Listing Agent
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