111 Glorieta St Albuquerque, NM 87123
- Commercial land
- 0.43 lot acres
Current Use by Public Records
- Commercial land
Property Details for 111 Glorieta St
- Lot size
- 0.43 lot acres
- Property type
- Commercial land
- APN
- 1-020-056-495-012-1-18-02
- APU
- 102005649501211802
Description
This exceptional 0.43-acre commercial land parcel presents a remarkable opportunity for retail development in Albuquerque, New Mexico. Located at 111 Glorieta St NE, 87123, this property boasts an MX-H zoning designation, allowing for a variety of commercial uses. Its strategic location near the busiest Sandia Labs/Kirtland AFB entrance ensures high visibility and accessibility, with an estimated 27,300 cars passing daily. The site offers excellent visibility and signage opportunities along Central Avenue, including monument and suite signage options. Multiple full-access points from Central Avenue provide convenient ingress and egress. The property is surrounded by a thriving mix of established local and national fast-food restaurants and big-box retailers, creating a strong retail environment. Its proximity to I-40 (within one mile) further enhances its accessibility and appeal. This ready-for-development site is ideal for investors and developers seeking a high-traffic, high-visibility location in a rapidly growing area of Albuquerque. The property's size and zoning make it suitable for a variety of retail concepts, offering significant potential for return on investment.
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
- -106.534
- Latitude
- 35.0732
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
