Potential Day Care/Drive-Thru/Retail / Medical/Commercial Land

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 29986891
Property Subtypes: Agricultural, Hospitality, Office, Retail, Retail-Pad
Building Status: Proposed
Gross Land Area: 2.91 Acres
Sale Price: $1,500,000
Unit Price: $515,463 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 4/4/2018

Overview / Comments

2.91 acres of vacant land, commercial (SD-IVC) similiar to C-1. Potential for day care, drive through, restaurant, grocery store, bank, pharmacy, refreshment stand, gas station or car wash. Southeast corner of Isleta & Arenal across from Smiths. Utilites on the property, additional electrical poles and ditch irigation, and irrigation wells. Water rights would need to be verified. Property is being sold as vacant land with no value given to the buildings.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Tax ID/APN: 46177
Zoning: C-1 - Neighborhood Commercial Zone
Property Located Between: located on Isleta, south of Arenal
Property Visibility: Excellent
Legal Description: 1620 Isleta: Map 43 TR 228B, 1634 Isleta Map 43 TR 226, 1638 Isleta: TR 225A2A MRGCD Map 43 Cont .9651 AC
Largest Nearby Street: Isleta & Arenal
Airports: 15 minutes to the Albuquerque International Airport
Site Description: This 2.91 acres of SD-IVC (Similiar to C-1.) Property is currently being used for residential and storage structures. This property offers three power meters, a well built workshop and several irrigation well, in addition to the homes and a triplex. Workshop is in excellent condition.
Area Description: Located near the intersection of Isleta and Arenal. High traffice area with a mixure of residential and commercial buildings.
Zoning Description: SD-IVC (Similiar to C-1.)
Topography: Level
Easements: Utilities
Easements Description: Utility Easment used for access the back lot, 1700 Isleta. Runs along the southern edge of 1634 Isleta.
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,017 91,439 233,696
Median Age: 35.03 32.52 32.76
Households: 3,842 32,948 87,810


Photograph of Listing Agent

Jean Chavez

Re/Max Elite
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