For Sale
$1,245,000

11000-11352 Central Ave Albuquerque, NM 87121

Albuquerque land: prime development opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 8.8-acre commercial property, located at 11000-11352 Central Ave. SW, Albuquerque, NM 87121, presents a compelling investment opportunity. Zoned MX-M (Mixed Use Moderate Intensity), this land offers significant potential for diverse development. The property consists of two approximately 4.4-acre parcels, strategically situated on Central Avenue and Sunset Gardens Road (an undeveloped road). Its prime location just west of the rapidly developing intersection of Central and 98th Street provides easy access to I-40 and places it within a thriving trade area experiencing substantial recent growth, including new retail projects and significant land sales to developers. Nearby businesses include the Albuquerque Animal Welfare Department and the Fire Academy. The asking price is $1,245,000, translating to a low price per square foot of $3.25. This property is ideal for immediate development or as a long-term investment, capitalizing on its location along historic Route 66 and its proximity to established amenities and infrastructure. Bernalillo County location offers further advantages. The property's size and zoning provide flexibility for a variety of commercial uses. This is a rare opportunity to acquire a substantial land parcel in a high-growth area of Albuquerque.

Highlights

  • 8.8-acre commercial land in Albuquerque, NM, zoned MX-M (Mixed Use Moderate Intensity).
  • Prime location at 11000-11352 Central Ave. SW, near I-40 and the rapidly developing intersection of Central and 98th Street.
  • Two 4.4-acre parcels, offering excellent access and visibility on Central Avenue and Sunset Gardens Road.
  • $1,245,000 asking price, translating to a low price per square foot of $3.25.
  • Located on historic Route 66, in a high-growth area with nearby retail development and established amenities.

Property Details for 11000-11352 Central Ave

Property type
Retail properties, Land
Lot Size (sq. ft)
383,328 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0693765
Longitude
-106.7531754

FAQs

What type of property is this?
Retail property - Albuquerque land: prime development opportunity
Where is the retail property located?
The property is located at 11000-11352 Central Ave Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: 8.8-acre commercial land in Albuquerque, NM, zoned MX-M (Mixed Use Moderate Intensity).; Prime location at 11000-11352 Central Ave. SW, near I-40 and the rapidly developing intersection of Central and 98th Street.; Two 4.4-acre parcels, offering excellent access and visibility on Central Avenue and Sunset Gardens Road.
How can I contact the broker?
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11000-11352 Central Ave
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