Paseo Del Norte - SEC Paseo del Norte & Woodmont Ave
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Paseo Del Norte - SEC Paseo del Norte & Woodmont Ave
5.87 Acres of Commercial Land Offered at $2,174,500 in Albuquerque, NM 87114
Investment Highlights
- Situated within a Qualified Opportunity Zone
- Utilities adjacent with 12” waterline and wet utilities in Woodmont Ave
- Excellent visibility with Woodmont Ave. access
Executive Summary
Strategically located between the flourishing Ventana Ranch Community and Volcano Vista High School
• Major residential growth corridor with strong existing and future retail/mixed-use demand
• Adjacent to LaTerra’s Bedrock at the Trails, a 344-unit build-to-rent development
• SWC Paseo Del Norte and Woodmont Ave. has been approved for 333 market rate apartment units
• Planned signalized intersection at Paseo Del Norte and Woodmont Ave.
• Paseo del Norte (major arterial) and Woodmont Ave. frontage
• Woodmont to have 4 lanes, double yellow stripped lines, with 2 bike lanes
• Major residential growth corridor with strong existing and future retail/mixed-use demand
• Adjacent to LaTerra’s Bedrock at the Trails, a 344-unit build-to-rent development
• SWC Paseo Del Norte and Woodmont Ave. has been approved for 333 market rate apartment units
• Planned signalized intersection at Paseo Del Norte and Woodmont Ave.
• Paseo del Norte (major arterial) and Woodmont Ave. frontage
• Woodmont to have 4 lanes, double yellow stripped lines, with 2 bike lanes
Property Facts
| Price | $2,174,500 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 5.87 AC |
| No. Lots | 1 | Cross Streets | Woodmont Avenue NW |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $2,174,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 5.87 AC |
| Cross Streets | Woodmont Avenue NW |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,174,500 | Lot Size | 5.87 AC |
| Price Per AC | $370,443 |
| Price | $2,174,500 |
| Price Per AC | $370,443 |
| Lot Size | 5.87 AC |
Premier development opportunity in Albuquerque’s burgeoning Northwest.
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PROPERTY TAXES
| Parcel Number | 1-008-064-500494-1-03-01 | Improvements Assessment | $0 |
| Land Assessment | $9,799 | Total Assessment | $9,799 |
PROPERTY TAXES
Parcel Number
1-008-064-500494-1-03-01
Land Assessment
$9,799
Improvements Assessment
$0
Total Assessment
$9,799
zoning
| Zoning Code | MX-L |
| MX-L |
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Paseo Del Norte - SEC Paseo del Norte & Woodmont Ave
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