Industrial Zone Land for Sale
Vacant Land
for Sale
| Catylist Listing ID: |
29836331 |
| Property Subtypes: |
Industrial, Retail, Retail-Pad, Self Storage, Other
|
| Gross Land Area: |
9.11 Acres
|
| Sale Price: |
$1,500,000 |
| Unit Price: |
$164,654 Per Acre |
| In Opportunity Zone? |
Yes |
| Land Splits Available: |
Yes |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/29/2020 |
Overview / Comments
The property is located at 98th Street & Central Ave., one of the primary intersections of Albuquerque’s growing South West Mesa trade area. Being located on Central Avenue and just south of I40, the Property is easily accessible to all areas of the city. The South West Mesa trade area of Albuquerque is in the path of growth and is home to a large residential population, growing number of retailers and restaurants and a multitude of industrial businesses. The property’s location, ease of access and proximity to major arterials makes it the ideal site for any number of industrial uses.
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Additional Details
| Nearest MSA: |
Albuquerque |
| County: |
Bernalillo |
| Submarket/Township: |
West Mesa |
| Tax ID/APN: |
ABQ155096 |
| Zoning: |
NR-BP - Non-residential: Business Park |
| Property Located Between: |
Central & 98th Street |
| Side of Street: |
East |
| Road Type: |
Paved, Gravel |
| Property Visibility: |
Good |
| Legal Description: |
PORT LT 27 BLK 9 ORIGINAL TOWNSITE OF WESTLAND ATRISCOGRANT CONT 9.1093 AC |
| Largest Nearby Street: |
Central & 98th |
| Transportation: |
Bus, Taxi |
| Area Description: |
Positioned on the major arterial to the signalized intersection of Central Ave. and 98th trade area, which includes a centrally located multi-tenant shopping center in one of the fastest growing areas in Albuquerque. Current area tenants include, McDonald’s, Auto Zone, Mesquite Market, Valero, a Microtel by Wyndham, and Rout 66 Self Storage. Building ±3,200 SF with drive in bay door, drainage and ±16Ft high ceilings. Previously used as a maintenance shop for Industrial Harvester. Strong fast food and convenience store location with utilities to the site and a signalized intersection. |
| Lot Frontage: |
±295.08 |
| Lot Depth: |
±829 |
| Zoning Description: |
NR-BP |
| Topography: |
Level |
| Easements: |
Other |
| Available Utilities: |
Electric, Water, Gas, Sewer, Cable |
| Water Service: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,483 |
104,850 |
176,191 |
| Median Age: |
27.14 |
29.86 |
32.68 |
| Households: |
3,526 |
33,757 |
62,065 |
|
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The information presented herein is provided as is, without warranty of any kind.
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