Menaul and University

Vacant Land for Sale
Catylist Listing ID: 29986914
Property Subtypes: Hospitality, Retail, Other
Gross Land Area: 1 - 3.92 Acres
Sale Price: $2,450,000
In Opportunity Zone? Yes
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/24/2020

Overview / Comments

Join Maverik! Great redevelopment site located in an Opportunity Zone!

Incredible visibility from Interstate 25. Great site for auto sales, hotels, restaurants and many more.

Onsite pylon sign with visibility to Interstate 25.

Planned access improvements to Menaul and Pan American Frontage Rd.

Existing income in place; all short-term leases.

Traffic Counts: Menaul – 23,600 CPD (per MRCOG, 2018)
University – 26,700 CPD
Interstate 25 – 198,800 CPD

Frontage: Nearly 500' along Menaul

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

The site could also be redeveloped into retail pads (200’ to 300+’ deep), with possible uses including; entertainment venue, hotels, restaurants or many other uses requiring high visibility.

Located at the crossroads of the City and State; the property has the ability to serve as a regional draw for users looking to service a large geographic area.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: North I-25
Tax ID/APN: ABQ95184
Zoning: NR-LM - Non-residential: Light Manufacturing
Property Located Between: Interstate 25 and University
Property Visibility: Excellent
Legal Description: Tract A-1 Truck Stop Plaza Town of Albuquerque

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,502 130,919 332,478
Median Age: 33.79 36.9 37.2
Households: 4,634 59,548 140,704

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