Current Use by Public Records
- Universal Shopping / Shopping Center & Mall
Property Details for 40 Frontage Rd
- Lot size
- 0.98 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional commercial and industrial land parcel, located in Albuquerque, New Mexico, offers unparalleled access and visibility from I-40 at Exit 149, Atrisco Vista Blvd. The property is zoned NR (Non-residential) and comprises a total of 10.75 acres, divisible into five tracts ranging from 0.98 to 2.96 acres. This thriving area boasts significant employment, with over 3,750 employees in nearby facilities including a major Amazon distribution center (2.77 million square feet), a FedEx Freight distribution facility (95,000 square feet), a Tempur-Pedic production facility (800,000 square feet), and a Shamrock Foods facility (201,000 square feet). The location benefits from strategic proximity to major transportation arteries, making it ideal for manufacturing, distribution, and travel-related businesses. Furthermore, the site is eligible for various New Mexico and Albuquerque economic incentives, including Opportunity Zone designation, Foreign Trade Zone status, New Mexico tax credits, the New Mexico Collateral Assistance Program (CAP), and the New Mexico Film Tax Credit. This presents a unique opportunity for investors and developers seeking a high-visibility location with substantial growth potential. The property is offered for sale by owner.
Value Estimations
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AI approach
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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
- -106.793
- Latitude
- 35.065
