Last Cottonwood Mall Area R-2 Development Opportunity - 5.12 Acres

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30048690
Property Subtypes: Multi-Family
Gross Land Area: 5.12 Acres
Sale Price: $9 PSF
Total Price: $2,007,244
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2018

Overview / Comments

In the Cottonwood trade area one block west of Coors By-Pass. Tract C-1 Zoning is R-2. Over 25,000 VPD on Ellison; over 40,000 VPD on Coors By-Pass. Highest density residential development in the urban Cottonwood Mall metro area.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Cottonwood
Taxing Authority: Bernalillo County and City of Albuquerque
Tax ID/APN: ABQ5376
Zoning: R-ML - Residential: Multi-family Low Density
Property Located Between: Coors By-Pass and Golf Course Blvd.
Property Visibility: Excellent
Legal Description: Tract C-1 Cibola Loop Subdivision
Largest Nearby Street: Coors By-pass
Traffic/Vehicle Count: 25,700
Highway Access: Cibola Loop Rd to Ellison. Ellison Blvd. to Coors Bypass or to Golf Course Blvd.
Airports: Sunport
Site Description: gentle sloping land with great views.
Area Description: Cottonwood trade area
Zoning Description: R-2; Multi-family
Topography: Gently Sloping
Easements: Ingress/Egress, Utilities, Other
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,235 86,236 180,252
Median Age: 35.35 38.86 37.84
Households: 5,180 34,020 70,595


Photograph of Listing Agent

Gregory B Campbell

West Wood Realty, Ltd CARNM CIE Member
Photograph of Listing Agent

John F Black

West Wood Realty CARNM CIE Member
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