Saved on: 2024-05-24 10:45 am EST
Property Description for: Central Avenue Northwest, Albuquerque, NM

Central Avenue Northwest presents a prolific investment opportunity along the historic stretch of Old Route 66 in Albuquerque, NM. Positioned on a growing West Central commuter and business corridor, this property boasts a vast area ideal for a variety of ventures that cater to a high-traffic locale. With 25 feet of utility easement along Central Avenue, it offers practical access to essential services, including city water and sewer facilities readily available in the street, as well as electric and fiber optic connections at the property site.

The strategic location of this land cannot be overstated. It’s situated snugly between the I-40 exits of Unser and 98th Streets, ensuring ease of access for future commercial activities while also providing a steady stream of visibility with an impressive traffic count of 15,700 vehicles per day (VPD) on Central Ave and an additional 3,600 VPD on Bridge Boulevard.

The MX-H zoning is the veritable jewel in the crown, providing a flexible mixed-use setup deemed perfect for diverse constructions, ranging from residential complexes to commercial enterprises. Adjacent to reputable entities such as Dollar General and DK Alon, the site benefits from the established economic ecosystem and the prospective symbiosis with neighboring tenants.

The picturesque backdrop of the New Mexico sky, as depicted in the provided photo, offers a canvas of endless blue skies and towering clouds, delivering a sumptuous natural ambience for any development. The rugged terrain the image displays highlights the vast expanses of land that await transformation, promising an inspiring base for a visionary development project.

Moreover, the property is a fiscal asset before a single brick is laid, with a billboard income of $2370 per year contributing to the site’s financial appeal.

This is more than property; it’s potential incarnate. A promise of growth, an opportunity to craft a cornerstone within the Albuquerque community, and an investment into the future of a historic and bustling corridor. A vision and venture ready to be realized on Central Avenue Northwest.