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Northern Blvd. Commercial Land

CARNM #30476653

PENDING

Property Subtypes: Hospitality, Office, Retail, Self Storage
Gross Land Area: 2.50 Acres
Sale Price: $299,000
Unit Price: $128,502 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/22/2019

Overview / Comments

2.5 contiguous acres with 544′ of frontage on Northern Blvd. located between Broadmoor and Loma Colorado. This is 5 individual legal descriptions being sold as one package. All lots are Zoned C-1. Water and sewer is in street but Buyer must confirm availability. This location is in the path of some huge growth in Unit 13. New subdivisions are under development within a mile of subject property with hundreds of new homes getting built. Great access to Downtown and PDV. Traffic counts continue to rise. Great opportunity to build a 25,000 sq.ft Center. Priced at only $2.95 sqft.

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Property Located Between: Broadmoor & Loma Colorado
Property Visibility: Excellent
Legal Description: Lots 14-18 Block 112 Unit 13 Rio Rancho Estates
Feet of Frontage: 544
Lot Frontage: 544
Lot Depth: 160-240
Zoning Description: C-1
Topography: Gently Sloping
Water Service: Municipal
Sewer Type: Municipal

Los Diamantes sits one mile west of Rust Presbyterian Medical center which sits along Unser Blvd. The business park was created on a site of 170 total acres which consists of over 500 homes which are now selling quickly and are offered by Pulte, DR Horton, and Hakes Brothers. Adjacent to the site is the brand new Joe Harris Elementary School with a new proposed Rio Rancho High School on a 100 acre site just west of the project

MICHAEL SKOLNICK
Qualifying Broker/Co-Owner

(505) 239-8833

JOYCE HADEN
Associate Broker

(505) 259-8988

JOHN RENKEN
Associate Broker/Co-Owner

(505) 239-9738