5401 Sevilla Ave NW Albuquerque, NM 87120
For Sale
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This exceptional 0.68-acre commercial land parcel, located at the hard corner of Coors Blvd and Sevilla Ave NW in Albuquerque, New Mexico (zip code 87120), presents a unique investment opportunity. The property boasts 29,672 square feet and is zoned Pd (Planned Development), with pre-approved construction permits for a 5,000 square foot, two-tenant retail building. Situated high above street level, the site offers unparalleled visibility to the 51,000 vehicles passing daily, along with stunning views of the Bosque and Sandia Mountains. The land's value is assessed at $26 per square foot. A significant advantage is the existing cross-parking and cross-access agreement with the adjacent carwash, providing ample parking for potential tenants. This pad-ready site is ideally suited for a variety of retail uses and benefits from its location near established businesses such as Champion Xpress Carwash, Jinja, and UFC Gym. Detailed renderings and site plans are available to illustrate development potential. The asking price for this prime Albuquerque retail property is $771,472.
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Spectrum's Store Marketing & Advertising
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Champion Xpress Carwash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.