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I-25 and Broadway Blvd. SE

31.3 Acres of Industrial Land Offered at $3,300,000 in Albuquerque, NM 87105

Investment Highlights

  • Heavy Traffic Industrial Area. With Traffic Light at property.
  • High Visibility Site. 10,000 cars per day.
  • Commercial Water Rights.

Executive Summary

High traffic (10,000 cars per day), traffic light access, prime investment/redevelopment property. 3 wells, Opportunity Zone.
High visibility site from both directions. NM 47, I-25 and Broadway. Easy on/off access. Opportunity Zone.
Additional 240 ac feet of Commercial Use water rights dated 1955 available for purchase separately.
Current Survey in hand.
Phase I Environmental completed November 2024.
Phase II Environmental scheduled for February 2025.

Property Facts

Price $3,300,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Carwash
  • Chemical or Oil Refinery
  • Convenience Store
  • Correctional Facility
  • Distribution
  • Fast Food
  • Healthcare
  • Hospital
  • Hotel
  • Industrial Park
  • Lumberyard
  • Restaurant
  • Truck Stop
  • Truck Terminal
Total Lot Size 31.30 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $3,300,000
Price Per AC $105,431
Lot Size 31.30 AC

31.3 acres, Zoned M1, Vacant property with 26 (twenty six) ac feet of Commercial Use water rights dated 1955.

Description

High traffic (10,000 cars per day), traffic light access, prime investment/redevelopment property. Opportunity Zone. High visibility site from both directions. NM 47, I-25 and Broadway. Easy on/off access. Opportunity Zone. Additional 240 ac feet of Commercial Use water rights dated 1955 available for purchase separately. 3 wells. Current Survey in hand. Phase I Environmental completed November 2024. Phase II Environmental scheduled for February 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-013-049-368180-4-01-57
Land Assessment
$181,133
Improvements Assessment
$7,026
Total Assessment
$188,159

zoning

Zoning Code M1 (Light Industrial)
M1 (Light Industrial)
  • Listing ID: 31643791

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: I-25 and Broadway Blvd. SE, Albuquerque, NM 87105

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