Prime Pad Site Redevelopment
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6940 Montgomery Boulevard Northeast, Albuquerque, NM 87109
30,500 SF pad site for redevelopment in Albuquerque.
Property Size2,800 SF
Lot Size0.70 Acres
Days on Market66
Property Features for 6940 Montgomery Boulevard Northeast
General Information
Standard status
Active
Size
2,800 SF
Lot size
0.70 Acres
Property subtype
Retail, Land
Building Details
Year Built
1996
Listing Agency:
Edwards Commercial Realty, LLC
(505) 998-7298
Listed By:
Mark Edwards · License #NM 11748
Source:
Crexi
Added: May 26
Changed: Jul 10
Last Checked: Jul 29 at 4:41PM
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 30,500 square foot pad site presents a redevelopment opportunity at a signalized intersection along Montgomery Boulevard, a commercial corridor. The pad is near an established Smith's Foods (Kroger). The flexible MX-M (Mixed Use – Moderate Intensity) zoning allows for a variety of commercial uses, including coffee or fast food drive-thrus, gas stations, car washes, and banks. The property includes a 2,800 square foot former convenience store building with a 2,800 square foot canopy, an abutting 1,300 square foot car wash structure, and two large pylon signs. The site, with dimensions of approximately 175 feet by 175 feet, can be repurposed for a quick-service restaurant with a drive-thru or razed for a new prototype concept. The location benefits from strong daily traffic counts of 53,000 vehicles per day in the intersection area. There are two right-in/right-out access points along Louisiana and one right-in/right-out along Montgomery. The removal of gas infrastructure has been completed, with environmental clearance obtained.
Key Highlights
- High Traffic Location: 53,000 Vehicles Per Day at Bustling Signalized Intersection on Montgomery Blvd.
- Redevelopment Opportunity: 30,500 SF+/- Pad Site Suitable for QSR with Drive‑Thru or New Prototype Concept.
- Flexible Zoning: MX‑M (Mixed Use – Moderate Intensity) Allows for a Wide Variety of Commercial Uses.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
746
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 64%
Shops & Services 36%
Smith's
Groceries
35,518 visits/mo
0.1 miles
Phillips 66
Shops & Services
10,923 visits/mo
0.0 miles
Circle K
Shops & Services
5,952 visits/mo
0.1 miles
H&R Block
Shops & Services
1,322 visits/mo
0.1 miles
Jiffy Lube
Shops & Services
1,030 visits/mo
0.5 miles
Demographics for 87109, NM
40,740
Population
20,826
Households
2
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
10.0 sq mi
ZIP Area
4,074
Density / Sq Mi
$56,295
Median Household Income
$41,798
Median Earnings
$1,112
Median Rent
$298,300
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 - 30,500 SF pad site for redevelopment in Albuquerque.
Where is this commercial land located?
The property is located at 6940 Montgomery Boulevard Northeast Albuquerque, NM.
What are key features of this property?
This property features: High Traffic Location: 53,000 Vehicles Per Day at Bustling Signalized Intersection on Montgomery Blvd.; Redevelopment Opportunity: 30,500 SF+/- Pad Site Suitable for QSR with Drive‑Thru or New Prototype Concept.; Flexible Zoning: MX‑M (Mixed Use – Moderate Intensity) Allows for a Wide Variety of Commercial Uses.
