Land Parcel in High-Growth
For Sale
Contact for pricing
118th St & Dennis Chavez Blvd SW, Albuquerque, NM 87121
Land parcel zoned for multiple uses in a growing area.
Property SizeContact for details
Days on Market766
Property Features for 118th St & Dennis Chavez Blvd SW
General Information
Standard status
Active
Property subtype
Land
Zoning
MX-L
Listing Agency:
NAI Sun Vista
(505) 878-0009
Listed By:
Genieve Posen · License #NM53880
Source:
Crexi
Added: Jul 18, 2024
Changed: Aug 21
Last Checked: Aug 21 at 2:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Sun Vista
Investment Insights
Based on property information with market context.
This parcel of land is zoned for multifamily, retail, and active adult uses. It is situated in a high-growth area, adjacent to rapidly expanding residential neighborhoods, at the hard corner of a signalized intersection. The well-shaped parcel features gently sloping terrain, potentially reducing site work costs. Full utilities are available to the site. The location offers direct access to Atrisco Heritage High and George L Sanchez Collaborative School. Fast access to I-40 and I-25 is available. The property provides great access to newer retail, educational, and medical services. Possible re-zoning to single family detached housing may be considered. The seller may consider subdividing the parcel.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 87121, NM
77,802
Population
26,118
Households
3
Avg Household Size
31
Median Age
13%
College-Educated
80%
High-School Grad
336.9 sq mi
ZIP Area
231
Density / Sq Mi
$59,184
Median Household Income
$34,738
Median Earnings
$1,277
Median Rent
$192,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land parcel zoned for multiple uses in a growing area.
Where is this commercial land located?
The property is located at 118th St & Dennis Chavez Blvd SW Albuquerque, NM.
What is the asking price?
The asking price for this property is $2,900,000.
