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Commercial Land Along Major Corridor
For Sale
$1,000,000

1941 Coors Blvd SW, Albuquerque, NM 87121

C1 through M1 zoning and a City County overlay allow commercial development with multifamily potential.

Property SizeContact for details
Days on Market207

Property Features for 1941 Coors Blvd SW

General Information

Standard status Active
Property subtype Land
Zoning C1 thru M1
Listing Agency: RESOLUT RE
Listed By: Martin Richardson · License #20240120
Source: Carnm.resimplifi
Added: Mar 24 Changed: Oct 11 Last Checked: Oct 16 at 5:57AM

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 RESOLUT RE

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Investment Insights

Based on property information with market context.

This approximately 1.918-acre commercial land site fronts Coors Boulevard SW in Albuquerque’s South Valley. The property carries C1 through M1 zoning, with permissive use for M2, and is included in the City County overlay zoning. That overlay allows 25 apartments per acre to be built in combination with commercial uses, subject to applicable approvals.

The site is positioned along a major north-south arterial with access to Rio Bravo Boulevard, Gun Club Road, and Interstate 25. The surrounding area includes residential neighborhoods, local businesses, service providers, and expanding retail, medical, and service uses near the Las Estancias area. Potential development concepts identified for the property include retail, multifamily, mixed-use, contractor yard, storage, service commercial, warehouse or distribution, equipment storage, and light manufacturing uses.

Key Highlights

  • ±1.9180‑acre development site on Coors Blvd SW
  • C1 thru M1 zoning with permissive use for M2
  • City County overlay zoning allows 25 apartments per acre mixed with Commercial

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

181
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - C1 through M1 zoning and a City County overlay allow commercial development with multifamily potential.
Where is this commercial land located?
The property is located at 1941 Coors Blvd SW Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: ±1.9180‑acre development site on Coors Blvd SW; C1 thru M1 zoning with permissive use for M2; City County overlay zoning allows 25 apartments per acre mixed with Commercial
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