Commercial Land with Street
For Sale
$850,000
425 Locust St SE, Albuquerque, NM 87102
MX-L-zoned commercial land with I-25 access and flexible development potential for retail, office, medical, institutional, or mixed-use projects.
Property SizeContact for details
Days on Market128
Property Features for 425 Locust St SE
General Information
Standard status
Active
Property subtype
Retail
Zoning
MX-L
Listing Agency:
Edwards Commercial Realty, LLC
(505) 998-7298
Listed By:
Mark Edwards · License #11748
(505) 998-7298
Source:
Carnm.resimplifi
Added: Apr 24
Changed: Aug 29
Last Checked: Aug 29 at 11:21AM
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 0.8043-acre commercial land parcel contains over 35,000 SF and is positioned for development under MX-L zoning. The designation supports a range of stated uses, including retail, quick-service restaurant, medical office, office, institutional, mixed-use, and multi-family projects. Ground lease and build-to-suit arrangements are being considered for qualified parties.
The site benefits from access to I-25 via the west frontage road, also identified as Locust Street. It has close to 200 feet of Locust frontage, 140 feet along Lead, and close to 100 feet on Coal. Traffic along I-25 exceeds 151,000 cars per day. The property is near Albuquerque’s main hospital hub, East Downtown, ABQ Innovate, and the UNM and CNM main campuses, within the established Huning Highland residential neighborhood. The parcel also carries HUB and Qualified Census Tract designations.
The site benefits from access to I-25 via the west frontage road, also identified as Locust Street. It has close to 200 feet of Locust frontage, 140 feet along Lead, and close to 100 feet on Coal. Traffic along I-25 exceeds 151,000 cars per day. The property is near Albuquerque’s main hospital hub, East Downtown, ABQ Innovate, and the UNM and CNM main campuses, within the established Huning Highland residential neighborhood. The parcel also carries HUB and Qualified Census Tract designations.
Key Highlights
- 0.8043‑acre commercial land parcel with over 35,000 SF
- MX‑L zoning supports retail, QSR, medical office, office, institutional, mixed‑use, and multi‑family uses
- I‑25 traffic exceeds 151,000 cars/day
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,150
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - MX-L-zoned commercial land with I-25 access and flexible development potential for retail, office, medical, institutional, or mixed-use projects.
Where is this commercial land located?
The property is located at 425 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: 0.8043‑acre commercial land parcel with over 35,000 SF; MX‑L zoning supports retail, QSR, medical office, office, institutional, mixed‑use, and multi‑family uses; I‑25 traffic exceeds 151,000 cars/day
