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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 |