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5555 Zuni Rd SE Parcel 6 - Retail Pad Site
0.38 Acres of Commercial Land Offered at $395,000 in Albuquerque, NM 87108
Investment Highlights
- Part of 160K SF power center
- Seller will provide Cross-Parking agreement
- Adjacent restaurants report strong sales
- Additional San Mateo pylon signage available
- Build-to-suit options available
- 15’ monument sign included
Property Facts
| Price | $395,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 0.38 AC |
| Property Type | Land |
| Price | $395,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.38 AC |
1 Lot Available
Lot
| Price | $395,000 | Lot Size | 0.38 AC |
| Price Per AC | $1,039,474 |
| Price | $395,000 |
| Price Per AC | $1,039,474 |
| Lot Size | 0.38 AC |
Description
This 0.38 Acre Retail Pad is a part of a larger shopping center at Zuni & San Mateo (Zuni Plaza). The intersection boasts over 37,000 VPD. The Zuni/Lead-Coal thoroughfare has become more important with ART traffic clogging up Central Ave. This property was a former Restaurant that had been demolished. Landlord will build-to-suit for the right term and tenants. Landlord will also sell the pad site to a developer or user. The owner will also grant cross access and cross parking agreements to accommodate drive-thru or larger concepts. The adjacent franchise restaurant boasts strong sales figures.
PROPERTY TAXES
| Parcel Number | 1-018-057-068040-3-01-04 | Improvements Assessment | $893,384 |
| Land Assessment | $276,614 | Total Assessment | $1,169,998 |
PROPERTY TAXES
zoning
| Zoning Code | MX-M/MX-H |
| MX-M/MX-H |
Presented by
5555 Zuni Rd SE Parcel 6 - Retail Pad Site
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