Contacts
CBRE
CBRE
Property Details
- Property Type VacantLand
- Property Size 597,643.2 SF
- Lot Size 13.72 Acre
- Additional Rent Contact for pricing
- Date Updated Dec 18, 2024
This multifamily site is located within The Trails subdivision in northwest Albuquerque, NM. It is fully entitled and approved for development of an apartment complex to support the rapidly growing westside population. With a low 4.9% multifamily vacancy rate, the market is prime for new development. The property is surrounded by new retail amenities, highly-rated schools and public open space featuring hiking trails, nature preserve and desert vista views.This property is already entitled and approved for a 333-unit apartment complex, consisting of 13 two and three-story, gardenstyle multifamily apartment buildings and one clubhouse building on the 13.72± Acre site. Approved construction drawings prepared by Humphreys Architecture.
±13.72 Acres › $9.95/SF or $5,946,550 › Located in Qualified Opportunity Zone (allows for tax benefits) › Zoned R-ML › Rapidly growing northwest Albuquerque submarket › Surrounded by retail amenities, highly-rated schools and public open space › Low multifamily vacancy rate - 4.9% December 2023
Reach out to the broker for more info on lease terms and amenities
Getting around
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4/100
Walk Score ®
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56/100
Bike Score ®
Location
- City Albuquerque, NM
- Neighborhood Volcano Trails
- Zip Code 87114
- Market Albuquerque
Points of Interest
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Los Ranchos/Journal Center
7.35 miles
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Montaño
7.35 miles
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Aquarium/Garden Station
7.64 miles
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Tingley Station
8.19 miles
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Sandia Pueblo
8.55 miles
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Asia Train Station
8.83 miles
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Africa Train Station
9.01 miles
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Speedway
1.11 miles
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Chevron
2.34 miles
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Valero
2.49 miles
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Alon
3.63 miles
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Circle K
4.11 miles
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Smith's
4.15 miles
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Ram
4.36 miles
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ChargePoint
7.79 miles
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Tesla Supercharger
9.35 miles
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Marcadas Canyon Trailhead
3.43 miles
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Bosque School Main Parking Lot
4.47 miles
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Bosque Parking Lot
4.49 miles
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Bosque School Visitor Parking
4.51 miles
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Bosque School Middle School Parking Lot
4.54 miles
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Northwest Mesa Transit Center
7.62 miles
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Old Town Plaza Verde Parking
7.76 miles
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Metro Park
8.55 miles
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President's Compound
8.65 miles
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Bank of the West Center Garage
8.71 miles
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The Aubry
4.54 miles
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Hilton Garden Inn
5.51 miles
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Sarabande Bed & Breakfast
5.52 miles
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La Quinta Inn & Suites Albuquerque West
6.22 miles
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Days Inn West Albuquerque
6.23 miles
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Motel 6 Albuquerque - Coors Road
6.23 miles
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Hampton Inn & Suites Albuquerque - Coors Road
6.27 miles
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Quality Inn and Suites of Albuquerque
6.27 miles
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Super 8 by Wyndham Albuquerque West/Coors Boulevard
6.29 miles
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Travelodge Albuquerque West
6.30 miles
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Walmart Neighborhood Market
3.24 miles
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Smith's
3.26 miles
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Albertsons
4.39 miles
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Sprouts Farmers Market
4.43 miles
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Ross
4.52 miles
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Walmart Supercenter
4.62 miles
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Target
4.63 miles
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Southern Plaza
4.77 miles
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El Paisano Market Carniceria
4.78 miles
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JCPenney
5.06 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
