2601 2Nd StAlbuquerque, NM 87107

Property Details for 2601 2Nd St

Year built

1991

Lot size

0.88 AC

Property size (Sq ft)

1,320 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

1-014-059-370-334-1-04-03

APU

101405937033410403

Description

This exceptional 40,855 square foot retail pad, located at 2601 2nd St NW in Albuquerque, New Mexico, presents a unique redevelopment opportunity. Situated on a hard corner at a prime intersection in the North Valley, this property boasts high visibility and accessibility. The site previously housed a 1,316 square foot convenience store and a 1,142 square foot car wash, and features multiple access points along a heavily trafficked double-sided road. With 18,300 cars per day on 2nd Street and 21,300 cars per day on Menaul, this location offers unparalleled exposure. The site is ideally suited for a variety of retail and quasi-retail uses, including banks, fast food restaurants, or mobile phone stores. Nearby retail anchors such as the 4th & Menaul Retail Center, Whataburger, and Dunn & Edwards Paints further enhance the property's desirability. Gas infrastructure removal is complete, with environmental clearance obtained. Priced at $1,250,000 ($30.60 per square foot), this property represents a compelling investment in a thriving Albuquerque market. The property's size and location make it an excellent choice for investors seeking high-traffic exposure and redevelopment potential. This is a rare opportunity to acquire a substantial retail pad in a densely populated area with strong existing retail activity. The site's multiple access points and high visibility ensure maximum exposure for any future tenant. Don't miss this chance to secure a prime location in Albuquerque's dynamic North Valley.

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.1111

Longitude

-106.645

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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