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5401 Sevilla Ave NW
0.68 Acres of Commercial Land Offered at $771,472 in Albuquerque, NM 87120
Investment Highlights
- Prime westside retail parcel at signalized intersection
- Benefit from pad ready site, shared parking and access
- Join Champion Xpress Carwash, Jinja & UFC Gym
- Huge visibility and amazing views of the Bosque and Sandia Mountains
- Pre-approved construction permits for up to 5,000 SF two tenant retail building
Property Facts
Price | $771,472 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | Commercial |
No. Lots | 1 | Total Lot Size | 0.68 AC |
Property Type | Land |
Price | $771,472 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 0.68 AC |
1 Lot Available
Lot
Price | $771,472 | Lot Size | 0.68 AC |
Price Per AC | $1,134,518 |
Price | $771,472 |
Price Per AC | $1,134,518 |
Lot Size | 0.68 AC |
Description
5401 Sevilla is a 0.68 acre pad-ready land parcel located at the hard corner of Coors Blvd and Sevilla Ave. This parcel was earmarked for, and received full approval for a phase two of the project to construct a freestanding 5,000 SF building on the site. The land sits high above the street, benefitting from amazing views to the east and is easily visible to the 51,000 cars that pass by every day. There is already a cross parking and cross access agreement with the adjacent carwash, which is beneficial to any retailer needing overflow parking with a low parking user next door. Renderings and site plans are shown for examples of development. Albuquerque’s westside has been growing rapidly over the past 10-20 years and has made Coors Blvd a major thoroughfare to service this area of town. The westside also features the newest home developments and retail chains coming to the city as a result of Albuquerque connecting itself to the growth in Rio Rancho. This site benefits from the traffic coming from the highest traffic intersection, Coors and Montaño, as residents flow to and from work as it sits at the entrance of the La Luz del Sol residential community. Coors and Sevilla is a signalized intersection with a stunning 51,000 cars per day.
PROPERTY TAXES
Parcel Number | 1-011-061-315385-2-34-01 | Improvements Assessment | $225,211 |
Land Assessment | $143,486 | Total Assessment | $368,697 |
PROPERTY TAXES
zoning
Zoning Code | PD (Planned Development) |
PD (Planned Development) |
Presented by
5401 Sevilla Ave NW
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