Catylist ID:
#30168112
West Central Development Land near Central & 98th
Vacant Land
for Sale
| Catylist Listing ID: | 30168112 |
| Property Subtypes: | Industrial, Retail, Self Storage, Other |
| Gross Land Area: | 4.40 Acres |
| Sale Price: | $622,500 |
| Unit Price: | $141,477 Per Acre |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/17/2020 |
Overview / Comments
|
The Property is comprised of 2 parcels approximately 4.4 acres each. The property fronts Central Avenue and Sunset Gardens Rd (undeveloped Road). The property is just west of the intersection of Central & 98th Street which has seen tremendous growth in the past few years. Recently, several large parcels in the trade area have sold to developers and several new retail projects have been developed. Some of the nearby business include the City of Albuquerque Animal Welfare department and Fire Academy. This property is offered for sale at a low $3.25/SF and could potentially be developed now or could be held as an investment. |
Attachments & Media
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Bernalillo |
| Submarket/Township: | South Valley |
| Tax ID/APN: | 4479 |
| Zoning: | MX-M - Mixed-use: Moderate Intensity |
| Property Located Between: | Central and 98th |
| Property Visibility: | Excellent |
| Zoning Description: | MX-M Mixed Use Moderate Intensity |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,147 | 88,490 | 157,312 |
| Median Age: | 27.9 | 28.59 | 31.89 |
| Households: | 2,185 | 27,883 | 53,538 |
Contact
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