3712 Tower Rd Albuquerque, NM 87121
- Commercial real estate
- 267,450 SF
- 6.14 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3712 Tower Rd
- Lot size
- 6.14 lot acres
- Property size
- 267,450 SF
- Property type
- Commercial real estate
Description
This exceptional 6.14-acre vacant land parcel, located at 3712 Tower Rd SW in Albuquerque, New Mexico, presents a compelling investment opportunity. Currently zoned C-1 by Bernalillo County, this property offers 267,450 square feet of development potential, ideal for a variety of commercial uses. The asking price is $2,420,847, translating to a price per square foot of $9.05. Situated at a signalized intersection, the property boasts abundant Coors frontage and benefits from high traffic counts, making it an attractive location for retail businesses. The area is experiencing rapid residential growth, creating a high demand for services and establishing a strong potential customer base. This represents a rare chance to capitalize on the burgeoning growth in a highly underserved trade area. The property is currently vacant, providing immediate development flexibility. This is a unique opportunity to acquire a substantial commercial land parcel in a prime Albuquerque location with significant upside potential. The property's location within a fast-growing residential metro area ensures a strong and expanding market for any future development. The C-1 zoning allows for a wide range of commercial uses, providing flexibility for investors and developers. Don't miss this chance to secure a prominent position in Albuquerque's thriving commercial landscape. The zip code is 87121.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.7108783
- Latitude
- 35.0658603
