Land Central Ave Northwest, NM 87121
- Land
- 11.27 lot acres
Current Use by Public Records
- Land
Property Details for Land Central Ave
- Lot size
- 11.27 lot acres
- Property type
- Land
Description
This exceptional 11.27-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico's rapidly growing west side. Strategically located on West Central Avenue, between 98th Street and the Unser I-40 exits, this property benefits from high visibility and convenient access to major transportation arteries. The site is zoned MX-H, offering flexibility for a variety of commercial developments. Current income streams include approximately $2,370 annually from existing Clear Channel/Lamar billboards, providing immediate return on investment. The property boasts readily available city water and sewer services directly on the street, simplifying infrastructure development. Furthermore, electric and fiber optic connectivity are already in place, eliminating significant upfront costs associated with utility hookups. This prime location is surrounded by a thriving mix of industrial, retail, and residential properties, ensuring strong potential for future appreciation and development. The property's size and location make it ideal for a wide range of commercial ventures, from light industrial to retail establishments. This is a rare opportunity to acquire a substantial commercial 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
- Northwest
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.802
- Latitude
- 35.0607
