114th And Central Albuquerque, NM 87121
- Land
- 4.30 lot acres
Current Use by Public Records
- Land
Property Details for 114th And Central
- Lot size
- 4.30 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 4.3-acre commercial property, located at the intersection of 114th and Central in Albuquerque, New Mexico (zip code 87121), presents a compelling investment opportunity. Priced at $1,220,000 ($6.50/sq ft), this land boasts a highly desirable SD-WC-CLI zoning designation. This zoning allows for a wide range of commercial and light industrial uses, including hotels, motels, resorts, drive-in restaurants, truck plazas, automotive sales (including body repair), rental and storage facilities, and even campgrounds. The property's strategic location just south of Interstate 40 and west of 98th Street provides easy access to major transportation routes. Its proximity to Albuquerque's government departments, including the Fire Department and Animal Welfare, further enhances its appeal. The area also benefits from a strong residential presence, numerous gas stations, and popular fast-food restaurants such as McDonald's, Church's Chicken, Denny's, Burger King, and Jack in the Box, along Central Avenue. For travelers, the property's location near Love's Truck Stop and American RV Park adds to its versatility. This property represents an excellent development opportunity in a growing trade area situated on historic Route 66. The combination of its zoning, location, and accessibility makes this a truly unique investment prospect.
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
- -106.758
- Latitude
- 35.0667
