Commercial Land with Existing
New
For Sale
$875,000
2016 & 2020 Central Ave SW, Albuquerque, NM 87104
Three-parcel commercial property with an occupied postal facility, a vacant building, and an easement to Alahambra.
Property SizeContact for details
Days on Market3
Property Features for 2016 & 2020 Central Ave SW
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Albuquerque
(505) 880-7015
Listed By:
Keith Bandoni · License #NM 14472
(505) 880-7015
Source:
Colliers
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 12:35PM
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 Albuquerque
Investment Insights
Based on property information with market context.
The property comprises three parcels at 2016 and 2020 Central Ave SW. Improvements include a building occupied by the US Postal Service and a separate vacant building that was previously used as a jewelry store and pawn shop. The site combines an existing leased component with a vacant structure for future repositioning or redevelopment consideration.
The property is across from an ART Bus Stop. Access is subject to a no-left-in and no-left-out restriction, and an easement provides access to Alahambra across the lot. The USPS lease runs from 8/1/23 through 7/31/28 and allows termination by the tenant with 30 day notice.
The property is across from an ART Bus Stop. Access is subject to a no-left-in and no-left-out restriction, and an easement provides access to Alahambra across the lot. The USPS lease runs from 8/1/23 through 7/31/28 and allows termination by the tenant with 30 day notice.
Key Highlights
- Three total parcels at 2016 and 2020 Central Ave SW
- US Postal Service occupancy under lease from 8/1/23 – 7/31/28
- Vacant building formerly used as a jewelry store and pawn shop
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,382
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 95%
Hotels & Casinos 3%
Beauty & Spa 2%
McDonald's
Dining
19,913 visits/mo
0.3 miles
Wendy's
Dining
11,984 visits/mo
0.1 miles
Blake's LotaBurger
Dining
10,953 visits/mo
0.4 miles
Baskin-Robbins
Dining
3,868 visits/mo
0.3 miles
Econo Lodge Old Town
Hotels & Casinos
1,434 visits/mo
0.4 miles
Demographics for 87104, NM
12,537
Population
6,628
Households
1.9
Avg Household Size
43
Median Age
48%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
2,985
Density / Sq Mi
$67,714
Median Household Income
$55,156
Median Earnings
$1,022
Median Rent
$300,000
Median Home Value
Market
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Three-parcel commercial property with an occupied postal facility, a vacant building, and an easement to Alahambra.
Where is this commercial land located?
The property is located at 2016 & 2020 Central Ave SW Albuquerque, NM.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Three total parcels at 2016 and 2020 Central Ave SW; US Postal Service occupancy under lease from 8/1/23 – 7/31/28; Vacant building formerly used as a jewelry store and pawn shop
