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611 Coors Blvd NW 1.39 Acres of Commercial Land Offered at $975,000 in Albuquerque, NM 87121
INVESTMENT HIGHLIGHTS
- High Traffic Location on Growing West Side Albuquerque - 27,000 VPD
- Underserved Trade Area
- MX-M Zoning - Allows for most commercial uses
- Ideal Development Parcel
EXECUTIVE SUMMARY
Absolute Investment Realty is proud to present this prime development opportunity located just south west of the intersection of Coors & Fortuna. This area has seen tremendous growth in the past few years making this property a prime candidate for commercial development. Recently, several large parcels in the trade area have sold to developers and several new retail projects have been developed. The topography of this site, combined with the off-hard-corner location, and the NR-BP makes this site ideal for a number of commercial uses. Some of the nearby business include McDonald’s, Subway, Weck’s, Blake’s Lotaburger, O’Reilly Auto Parts, and T-Mobile. Don’t miss this opportunity to own this well located development parcel in one of Albuquerque’s most desirable trade areas.
The seller of the property also owns an adjacent parcel that fronts Coors Blvd. The buyer of this property could acquire both parcels and have access to Coors. Owner financing also available. - Inquire with broker for more information.
The seller of the property also owns an adjacent parcel that fronts Coors Blvd. The buyer of this property could acquire both parcels and have access to Coors. Owner financing also available. - Inquire with broker for more information.
PROPERTY FACTS
| Price | $975,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 1.39 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MX-M - MX-M allows for a multitude of commercial and residential uses such as Restaurants, Bars, Retail, Hotel, Fuel Stations, Auto Repair and Sales, etc. | ||
| Price | $975,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 1.39 AC |
| Opportunity Zone |
Yes |
| Zoning | MX-M - MX-M allows for a multitude of commercial and residential uses such as Restaurants, Bars, Retail, Hotel, Fuel Stations, Auto Repair and Sales, etc. |
1 LOT AVAILABLE
Lot
| Price | $975,000 | Lot Size | 1.39 AC |
| Price Per AC | $701,438.85 |
| Price | $975,000 |
| Price Per AC | $701,438.85 |
| Lot Size | 1.39 AC |
Prime development lot located in one of Albuquerque's fastest growing trade areas just off the hard corner of Coors & Fortuna in Albuquerque.
DESCRIPTION
Prime development lot located in growing trade area of Albuquerque, NM with excellent frontage.
PROPERTY TAXES
| Parcel Number | 1-010-058-503198-4-03-14 | Improvements Assessment | $0 |
| Land Assessment | $66,660 | Total Assessment | $66,660 |
PROPERTY TAXES
Parcel Number
1-010-058-503198-4-03-14
Land Assessment
$66,660
Improvements Assessment
$0
Total Assessment
$66,660
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611 Coors Blvd NW
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