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    5401 Sevilla Ave Albuquerque, NM 87120

    Sponsored
    For Sale
    $771,472

    Prime Westside Retail Pad-Ready Site

    Property size:
    29,672 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.68-acre commercial land parcel, located at the hard corner of Coors Blvd and Sevilla Ave NW in Albuquerque, New Mexico (zip code 87120), presents a unique investment opportunity. The property boasts 29,672 square feet and is zoned Pd (Planned Development), with pre-approved construction permits for a 5,000 square foot, two-tenant retail building. Situated high above street level, the site offers unparalleled visibility to the 51,000 vehicles passing daily, along with stunning views of the Bosque and Sandia Mountains. The land's value is assessed at $26 per square foot. A significant advantage is the existing cross-parking and cross-access agreement with the adjacent carwash, providing ample parking for potential tenants. This pad-ready site is ideally suited for a variety of retail uses and benefits from its location near established businesses such as Champion Xpress Carwash, Jinja, and UFC Gym. Detailed renderings and site plans are available to illustrate development potential. The asking price for this prime Albuquerque retail property is $771,472.

    Property Features for 5401 Sevilla Ave

    General Information

    Property type
    Land
    Square Feet
    29,672 SF
    Lot Size
    29,621 SF

    HighLights

    • Prime Westside Albuquerque retail parcel at a signalized intersection of Coors Blvd and Sevilla Ave NW.
    • High‑visibility site with stunning views of the Bosque and Sandia Mountains, boasting daily traffic counts exceeding 51,000 vehicles.
    • Pad‑ready site with shared parking and access via existing cross‑parking agreement with adjacent carwash.
    • Pre‑approved permits for a 5,000 SF, two‑tenant retail building.
    • Excellent location near established businesses including Champion Xpress Carwash, Jinja, and UFC Gym.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spectrum's Store Internet Marketing Service Champion Xpress Carwash Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6991857
    Latitude
    35.1411474

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    FAQs

    What type of property is this?
    Land - Prime Westside Retail Pad-Ready Site
    Where is this land located?
    The property is located at 5401 Sevilla Ave Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $771,472.
    What are key features of this property?
    This property features: Prime Westside Albuquerque retail parcel at a signalized intersection of Coors Blvd and Sevilla Ave NW.; High-visibility site with stunning views of the Bosque and Sandia Mountains, boasting daily traffic counts exceeding 51,000 vehicles.; Pad-ready site with shared parking and access via existing cross-parking agreement with adjacent carwash.
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    5401 Sevilla Ave Albuquerque, NM 87120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5401 Sevilla Ave Albuquerque, NM 87120
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