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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
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
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

PROPERTY TAXES

Parcel Number
1-011-061-315385-2-34-01
Land Assessment
$143,486
Improvements Assessment
$225,211
Total Assessment
$368,697

zoning

Zoning Code PD (Planned Development)
PD (Planned Development)
  • Listing ID: 30975927

  • Date on Market: 2/16/2024

  • Last Updated:

  • Address: 5401 Sevilla Ave NW, Albuquerque, NM 87120

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