DEVELOPMENT OPPORTUNITY - McMahon and Universe Blvd

Vacant Land for Sale
Catylist Listing ID: 29999408
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 6 Acres
Sale Price: $1,045,440
Unit Price: $174,240 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit, Other
Last Updated: 4/24/2017

Overview / Comments

Across from the GROWING CNM campus, this excellent opportunity for MUH development is zoned R-6 for high density housing. Assisted living facility or high density apartments are just a few possibilities in this rapidly growing area of Albuquerque. See Broker for more details.

SELLER FINANCING AVAILABLE TO QUALIFIED BUYER.

ALL REASONABLE OFFERS CONSIDERED

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: West Mesa
Tax ID/APN: 11236
Property Located Between: McMahon and Universe
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: McMahon Blvd AND UNIVERSE
Airports: ALBUQUERQUE INTERNATIONAL AIRPORT
Site Description: Across from the newest CNM campus, this excellent opportunity for MUH development is zoned R-6 for high density housing. Assisted living facility or high density apartments are just a few possibilities in this rapidly growing area of Rio Rancho.
Area Description: UNDER SERVED AREA WITH THOUSANDS OF ROOF TOPS - MIXED USE POTENTIAL - CNM CAMPUS DIRECTLY ACROSS THE STREET - APARTMENT COMPLEX - POTENTIAL WITH MIXED USE SERVICES A PLUS!
Zoning Description: R-6
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,016 64,864 134,499
Median Age: 30.41 34.2 36.75
Households: 6,236 22,955 51,004
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