800 Avenida Cesar Chavez Albuquerque, NM 87102
- Land
- 0.17 lot acres
Current Use by Public Records
- Land
Property Details for 800 Avenida Cesar Chavez
- Lot size
- 0.17 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 0.17-acre commercial and industrial land parcel, located at 800 Avenida Cesar Chavez in Albuquerque, New Mexico, presents a unique investment opportunity. Boasting 170 feet of frontage on Avenida Cesar Chavez, directly before the Interstate I-25 entrance, this property benefits from over 52,000 vehicles per day passing by. Its strategic southwest corner location at the intersection of I-25 and Avenida Cesar Chavez ensures unparalleled visibility and accessibility. Situated less than half a mile from major stadiums, Broadway Boulevard, and Yale Boulevard, this site is ideally positioned within a thriving commercial area. The property is fully gated, enhancing security, and includes approved development plans already in place. These plans incorporate 9 parking spaces, resulting in a 2.88 parking ratio, and provide for ingress/egress from the west property line. Essential utilities—water, sewer, and electricity—are already connected. The property is zoned MX-L, allowing for a variety of mixed-use, low-intensity developments. With a population exceeding 231,000 and a daytime workforce of 165,000 within a 5-mile radius, this site offers substantial potential for high-impact commercial or retail ventures. The APN is 101405649639812217. The asking price is $495,000. This is a turnkey opportunity for a new owner to pick up from the halfway point of the development process.
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
- -106.641
- Latitude
- 35.0694
