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High-Profile Commercial Tract For Sale
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401 Locust St SE, Albuquerque, NM 87102

0.8043 AC commercial tract with high traffic and visibility.

Property SizeContact for details
Lot Size0.80 Acres
Days on Market192

Property Features for 401 Locust St SE

General Information

Standard status Active
Lot size 0.80 Acres
Property subtype Land, Mixed Use, Office, Retail
Zoning MX-L
Listing Agency: Edwards Commercial Realty, LLC
Listed By: Mark Edwards · License #NM 11748
Source: Crexi
Added: Feb 12 Changed: Aug 14 Last Checked: Aug 22 at 6:54PM

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 Edwards Commercial Realty, LLC

Investment Insights

Based on property information with market context.

This high-profile commercial tract encompasses over 35,000 square feet (0.8043 acres). The site benefits from substantial traffic, with over 151,000 vehicles per day along I-25, and offers convenient access to I-25 via West Frontage Road, also known as Locust Street. The property features approximately 200 feet of frontage on Locust, 140 feet on Lead, and nearly 100 feet on Coal. Zoned MX-L, the site accommodates various uses, including retail, quick-service restaurants (QSR), medical offices, general office space, institutional facilities, mixed-use developments, or multi-family housing. The location is near Albuquerque's main hospital hub, East Downtown, ABQ Innovate, and the main campuses of UNM & CNM, situated within the established Huning Highland residential neighborhood. It has a HUB Zoned Designation and is a Qualified Census Tract (QCT). A No Further Action (NFA) Letter is forthcoming from the NM Environmental Department. Ground lease or build-to-suit options are also considered for qualified parties.

Key Highlights

  • High traffic location: Over 151,000 cars/day along I‑25.
  • Excellent access: Easy I‑25 access via West Frontage Road.
  • Flexible zoning: MX‑L zoning allows for retail, QSR, medical office, office, mixed‑use, or multi‑family.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Auto Parts Store Catering Service Carpet & Flooring Store Locksmith

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

3,150
Businesses Nearby

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 0.8043 AC commercial tract with high traffic and visibility.
Where is this commercial land located?
The property is located at 401 Locust St SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High traffic location: Over 151,000 cars/day along I‑25.; Excellent access: Easy I‑25 access via West Frontage Road.; Flexible zoning: MX‑L zoning allows for retail, QSR, medical office, office, mixed‑use, or multi‑family.
(505) 998-7298 Call to check price and availability
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