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Listing Agency: King Capital Commercial Real Estate k***@kingcapitalcre.com Show Phone

Listed By: Jeremy Nelson · License #NM 45408

Source: Crexi

Added: Mar 11 Changed: Aug 8 Last Checked: Aug 11 at 11:40AM

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Investment Insights

Based on property information with market context.

This property features a former cannabis cultivation operation with existing infrastructure, including nine hoop house structures previously used for cultivation. An on-site well supports agricultural and high-water-demand uses, subject to verification. A retail building with frontage along 4th Street NW provides visibility, access, and potential showroom or office space. Additional support buildings are suitable for processing, storage, office space, and equipment areas. The utility infrastructure is designed to accommodate high power demands, subject to verification. Located in Albuquerque’s North Valley corridor, the property offers convenient access to I-25 and Paseo del Norte. The combination of agricultural and urban adjacency allows for a wide range of potential uses, including agricultural production, specialty cultivation, indoor farming, research, processing, storage, light industrial, or adaptive reuse. Existing improvements may significantly reduce redevelopment and startup costs. Zoning and allowable uses are subject to City of Albuquerque/Bernalillo County and applicable regulatory approvals.

Key Highlights

• Existing infrastructure from former cannabis cultivation operation, including nine hoop houses and support buildings, potentially reducing redevelopment and startup costs.
• On‑site well supporting agricultural and high‑water‑demand uses (subject to verification).
• Retail building with frontage on 4th Street NW, offering visibility and potential for showroom or office space.

Property Analytics

Property Profile

Current Use

Everest Cannabis Co. ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Dental Office Restaurant Pharmacy Spa & Massage Center Gym & Fitness Center

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

579

Businesses Nearby

125k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 36% Groceries 32% Shops & Services 32%

Smith's Groceries

39,997 visits/mo 0.1 miles

Dion's Pizza Dining

14,594 visits/mo 0.2 miles

Dollar Tree Shops & Services

11,451 visits/mo 0.2 miles

Phillips 66 Shops & Services

10,306 visits/mo 0.4 miles

Dollar General Shops & Services

9,057 visits/mo 0.5 miles

Demographics for 87114, NM

69,402

Population

28,038

Households

2.5

Avg Household Size

37

Median Age

39%

College-Educated

95%

High-School Grad

20.9 sq mi

ZIP Area

3,321

Density / Sq Mi

$81,768

Median Household Income

$48,127

Median Earnings

$1,321

Median Rent

$296,200

Median Home Value

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019

8.4% 2020

7.9% 2021

4.8% 2022

4.2% 2023

5.7% 2024

5.5% 2025

Questions? Ask Rey

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What type of property is this? Where is this cannabis properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Cannabis property - Cultivation operation with infrastructure and retail building in Albuquerque.

Where is this cannabis property located?

The property is located at 9237 4th St NW Albuquerque, NM.

What is the asking price?

The asking price for this property is $2,990,000.

What are key features of this property?

This property features: Existing infrastructure from former cannabis cultivation operation, including nine hoop houses and support buildings, potentially reducing redevelopment and startup costs.; On‑site well supporting agricultural and high‑water‑demand uses (subject to verification).; Retail building with frontage on 4th Street NW, offering visibility and potential for showroom or office space.