12403 Central Ave Albuquerque, NM 87121
- Land
- 10.00 lot acres
Current Use by Public Records
- El Paso Natural Gas Co / Gas Company
Property Details for 12403 Central Ave
- Lot size
- 10.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 9.998-acre industrial land parcel, located at 12403 Central Ave NW, Albuquerque, NM 87121, presents a compelling investment opportunity within Bernalillo County's thriving west Albuquerque industrial hub. Zoned C-LI County, this property boasts convenient access to major transportation arteries, situated between I-40 exits at Atrisco Vista and 98th Street, offering two-turn access to I-40 from both exits. The site benefits from existing infrastructure, including sewer lines in the street, a well providing water at 700 feet, and city water access at 114th Street. Electric and fiber optic connectivity are readily available. This location enjoys high visibility on Central Avenue (Route 66), experiencing a daily traffic volume of 10,400 vehicles. Its proximity to the West Central Route 66 Visitor Center further enhances its appeal. The asking price is $880,000, translating to $88,012 per acre. Owner financing is available, making this an attractive proposition for developers and investors seeking a strategic foothold in Albuquerque's expanding industrial market. The property's strategic location, robust infrastructure, and high visibility combine to create a compelling investment opportunity.
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
- -106.767
- Latitude
- 35.0673
