RESIDENTIAL AND MIXED USE DEVELOPMENT LAND READY TO GO

Overview

This 5 Acre property is strategically located .75 Miles away from Paseo Del Norte & Unser, both major bloodlines to take around 16,600 VPD North/South & 17,200 VPD East/West between Albuquerque & Rio Rancho. The West Mesa Area is experiencing 3% Retail Vacancy & 0.8% Office Vacancy. Positioned right in the middle of the desirable Volcano Heights Development, various retailers & tech companies in the area that are already in business are Smiths, Walmart Neighborhood, Walgreens, Dollar Tree, Amazon, Intel, Tempurpedic, Shamrock Foods & Presbyterian. The Westside of Albuquerque, with 39% of the Albuquerque Metro Population, is one of the highest employment and income areas in the Albuquerque/Rio Rancho Metro Areas. Volcano Heights Development is situated in Albuquerque's sought-after Northwest quadrant. Volcano Heights has obtained approval for multiple mixed use development. Within prime intersections, its favorable demographics, a central metro location, and stunning views, this land opportunity is the perfect starting point for Albuquerque's upcoming mixed-use development. Perfect opportunity to capitalize and develop an area with low vacancy for all asset classes.