11000-11352 Central Ave Albuquerque, NM 87121
- Retail properties
- 8.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for 11000-11352 Central Ave
- Lot size
- 8.80 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 8.8-acre commercial property, located at 11000-11352 Central Ave. SW, Albuquerque, NM 87121, presents a compelling investment opportunity. Zoned MX-M (Mixed Use Moderate Intensity), this land offers significant potential for diverse development. The property consists of two approximately 4.4-acre parcels, strategically situated on Central Avenue and Sunset Gardens Road (an undeveloped road). Its prime location just west of the rapidly developing intersection of Central and 98th Street provides easy access to I-40 and places it within a thriving trade area experiencing substantial recent growth, including new retail projects and significant land sales to developers. Nearby businesses include the Albuquerque Animal Welfare Department and the Fire Academy. The asking price is $1,245,000, translating to a low price per square foot of $3.25. This property is ideal for immediate development or as a long-term investment, capitalizing on its location along historic Route 66 and its proximity to established amenities and infrastructure. Bernalillo County location offers further advantages. The property's size and zoning provide flexibility for a variety of commercial uses. This is a rare opportunity to acquire a substantial land parcel in a high-growth area of Albuquerque.
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
- -106.753
- Latitude
- 35.0694
