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Investment Highlights

  • Central Avenue between 98th Street and Unser I-40 exits.
  • Growing west Albuquerque Industrial, Retail & Rooftops
  • Clear Channel/Lamar Billboard income $2370 per year.
  • City water and sewer in the street.

Executive Summary

City of Albuquerque is planning to add a signalized intersection to Central and 90th Street, a bike lane and sidewalks along Central Avenue in 2027. At that time, westbound Bridge Blvd traffic will turn right on 90th Street then left on Central Avenue. The decommissioning of this section of Bridge can allow the parcels currently across the street from each other to be joined by vacating the section of Bridge that was decommissioned.

Property Facts

Price $630,400 - $4,492,669
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use Planned Unit Development
Total Lot Size 10.47 AC
Opportunity Zone Yes
Zoning MX-M - MX-M zoning is to provide for a wide array of moderate-intensity retail, commercial and institutional opportunities

2 Lots Available

Lot 1

Price $3,862,269
Price Per AC $479,189.70
Lot Size 8.06 AC

Central Ave SW at 90th Street in Albuquerque, NM 87121 offers 8.0605 acres of MX-M zoned land in the heart of Albuquerque’s growing West Central corridor. 2027 Signalized intersection, sidewalks and bike lanes installed using a 35' easement.

Lot 2

Price $630,400
Price Per AC $261,576.76
Lot Size 2.41 AC

This 2.4 acres on Bridge Blvd and 90th Street can be merged with the 0.8022 acres across the street after the City of Albuquerque decommissions Bridge Blvd which will be routed from 90th to the new signalized intersection on Central Ave.

Description

3 parcels totaling 11.27 acres of MX-M land offered at Central Avenue SW and 90th Street. All City utilities are in the street. Fire hydrant on the smallest parcel.

Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 28778997

  • Date on Market: 6/16/2023

  • Last Updated:

  • Address: 9110 Central Ave SW, Albuquerque, NM 87121

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