Excellent Retail/Commercial Land for Sale or Lease

Vacant Land for Sale
Catylist Listing ID: 29836331
Property Subtypes: Industrial, Retail, Retail-Pad
Gross Land Area: 9.50 Acres
Sale Price: $2,502,000
Unit Price: $263,368 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/25/2017

Overview / Comments

The property is located at the gateway of the underserved South West Mesa population. 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.
The area is part of the West Route 66 Sector Development Plan. SU-PDA Planned Development Area (City of Albuquerque)

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: West Mesa
Tax ID/APN: ABQ155096
Zoning: SU-2 - Special Neighborhood Zone
Side of Street: East
Road Type: Paved, Gravel
Property Visibility: Good
Largest Nearby Street: Central & 98th
Transportation: Bus, Taxi
Lot Frontage: ±295.08
Lot Depth: ±829
Zoning Description: SU-2
Topography: Level
Easements: Other
Available Utilities: Electric, Water, Gas, Sewer, Cable

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


Photograph of Listing Agent

Alfredo Barrenechea

Absolute Investment Realty CARNM CIE Member
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