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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