Fortuna Rd NW Albuquerque, NM 87121

Listing agency Absolute Investment Realty LLC a***@go-absolute.net Show Phone

Listed by Alfredo Barrenechea · License #NM 19300

Source Crexi

Added: Feb 22, 2024 Updated: Jul 6 at 8:12AM Checked: Jul 21 at 8:28AM

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Investment Insights

Based on property information with market context.

This property presents a development opportunity situated just west of the intersection of Coors and Fortuna. The area has experienced substantial growth in recent years, positioning this property as a candidate for commercial development. Several large parcels in the trade area have been sold to developers, leading to the development of new retail projects. The topography of the site, its off-hard-corner location, and the NR-BP zoning make it suitable for various commercial uses. Nearby businesses include McDonald’s, Subway, Weck’s, Blake’s Lotaburger, O’Reilly Auto Parts, and T-Mobile. The seller also owns an adjacent parcel that fronts Coors Blvd, offering the potential for a buyer to acquire both parcels and gain access to Coors. Owner financing is available.

Key Highlights

• Prime location in a rapidly growing commercial area west of Coors & Fortuna intersection.
• Ideal for commercial development due to topography, off‑hard‑corner location, and NR‑BP zoning.
• Proximity to established businesses like McDonald’s, Subway, and O’Reilly Auto Parts.

Property Analytics

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FAQs

What type of property is this?

Commercial land - Development parcel in a desirable Albuquerque trade area.

Where is this commercial land located?

The property is located at Fortuna Rd NW Albuquerque, NM.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Prime location in a rapidly growing commercial area west of Coors & Fortuna intersection.; Ideal for commercial development due to topography, off‑hard‑corner location, and NR‑BP zoning.; Proximity to established businesses like McDonald’s, Subway, and O’Reilly Auto Parts.