I-25 And Paseo Del Norte Albuquerque, NM 87109
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details for I-25 And Paseo Del Norte
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
This exceptional 1.5 to 4.8-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located at the prominent intersection of I-25 and Paseo Del Norte, this property boasts unparalleled visibility and accessibility, with over 147,000 vehicles passing daily. Zoned NR-BP and MX-M, it's ideally suited for a mixed-use development, capitalizing on the area's high traffic volume and strong demographics. The site benefits from its proximity to the highly successful Cabela's, a top-performing location nationally, attracting 680,900 annual visits and drawing customers statewide. Furthermore, its adjacency to the densely populated Northeast Heights residential area, boasting Albuquerque's highest average household income of $103,550, ensures a robust and affluent customer base. Multiple access points from I-25 and Paseo Del Norte provide convenient ingress and egress. This prime location within the Journal Center, a premier live, work, and play destination, offers unparalleled potential for a thriving commercial venture. The property's size and zoning flexibility allow for a wide range of development possibilities, making it an exceptional investment in a rapidly growing market.
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
- -106.588
- Latitude
- 35.1729