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Investment Highlights

  • Located in the South Valley/Las Estancias growth corridor
  • Close proximity to expanding retail, medical, and service use
  • Strong visibility

Executive Summary

This ±1.918-acre development site is strategically positioned along Coors Boulevard SW, one of Albuquerque’s primary north–south arterial corridors serving the rapidly expanding west and southwest submarkets. With strong visibility, high traffic counts, and convenient access to Rio Bravo Blvd, Gun Club Road, and surrounding residential
neighborhoods, the property is well located to support a variety of current and future development concepts.
This unique property is also included in the City County overlay zoning, allowing 25 apartments per acre to be built, mixed with Commercial. Thus, the actual zoning opportunities on these 2 acres is C1 thru M1, with permissive use for M2. This allows for Retail, multifamily, contractors, service businesses, warehouse/distribution users, equipment storage, or light manufacturing operations. This provides a functional, income-producing or owner-user opportunity today, with the ability to utilize the site for industrial purposes while planning for longer-term redevelopment.
In addition to its existing zoning utility, the property’s location along a major commercial corridor and near established retail nodes—particularly the Las Estancias area—creates a compelling opportunity for potential rezoning or repositioning to higher and better uses, including retail, multifamily, or mixed-use development (subject to county approvals).
The surrounding area continues to experience strong residential growth and expanding rooftops, driving increased demand for housing, neighborhood retail, and services. This positions the site as a rare opportunity to capture both current industrial demand and future retail/residential growth along Coors Boulevard.

Property Facts

Price $1,390,580 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Apartment Units
  • Health Club
  • Industrial Park
Total Lot Size 1.92 AC
Zoning C1-M1 - Permissive use for M2

1 Lot Available

Lot

Price $1,390,580 CAD
Price Per AC $724,260.45 CAD
Lot Size 1.92 AC

±1.918-acre development site along Coors Blvd SW in Albuquerque’s South Valley. Strong visibility and traffic, City County overlay zoning allowing multifamily and commercial uses, and access to major growth corridors.

Description

Development Opportunity Overview – 1941 Coors Blvd SW This ±1.918-acre development site is strategically positioned along Coors Boulevard SW, one of Albuquerque’s primary north–south arterial corridors serving the rapidly expanding west and southwest submarkets. With strong visibility, high traffic counts, and convenient access to Rio Bravo Blvd, Gun Club Road, and surrounding residential neighborhoods, the property is well located to support a variety of current and future development concepts. This unique property is also included in the City County overlay zoning, allowing 25 apartments per acre to be built, mixed with Commercial. Thus, the actual zoning opportunities on these 2 acres is C1 thru M1, with permissive use for M2. This allows for Retail, multifamily, contractors, service businesses, warehouse/distribution users, equipment storage, or light manufacturing operations. This provides a functional, income-producing or owner-user opportunity today, with the ability to utilize the site for industrial purposes while planning for longer-term redevelopment. In addition to its existing zoning utility, the property’s location along a major commercial corridor and near established retail nodes—particularly the Las Estancias area—creates a compelling opportunity for potential rezoning or repositioning to higher and better uses, including retail, multifamily, or mixed-use development (subject to county approvals). The surrounding area continues to experience strong residential growth and expanding rooftops, driving increased demand for housing, neighborhood retail, and services. This positions the site as a rare opportunity to capture both current industrial demand and future retail/residential growth along Coors Boulevard. At nearly two acres, the property offers excellent scale and flexibility for site planning, supporting a wide range of configurations such as: Contractor yard or industrial facility (immediate use) Retail pad development or neighborhood center Multifamily or build-to-rent (BTR) community Mixed-use concepts integrating residential and commercial uses Its frontage along Coors Blvd provides strong exposure and access, attractive for both industrial users needing visibility and retail users benefiting from traffic counts, while the site depth supports efficient layouts for residential or multi-tenant development. Overall, 1941 Coors Blvd SW presents a rare dual-purpose opportunity—offering immediate functionality for industrial users alongside long-term redevelopment upside for retail, multifamily, or mixed-use projects—making it an attractive acquisition for owner-users, developers, and investors seeking to capitalize on Albuquerque’s westside growth. Location Overview: 1941 Coors Blvd SW is located along one of Albuquerque’s most important commercial corridors, Coors Boulevard, which runs north–south through the west side and South Valley of the city. The property sits within the growing southwest submarket of Albuquerque, an area that continues to see steady residential expansion and increasing demand for service commercial, industrial, and contractor-oriented uses. Coors Boulevard serves as a primary transportation route connecting the South Valley to central Albuquerque and the rapidly developing westside communities. The site benefits from strong regional accessibility with nearby connections to Rio Bravo Boulevard, Gun Club Road, and Interstate 25, allowing convenient travel throughout the Albuquerque metro area. This accessibility supports a variety of commercial and industrial users who rely on efficient transportation routes for employees, customers, and logistics. The surrounding trade area includes a mix of residential neighborhoods, local businesses, service providers, and expanding commercial developments. Just south of the property is the growing Las Estancias Shopping Center area, which has become a regional hub for retail, dining, and services in southwest Albuquerque. This development includes national retailers, healthcare providers, and everyday consumer services that generate consistent traffic along the Coors corridor. The South Valley and westside portions of Albuquerque continue to experience population growth, creating increasing demand for businesses that support residential communities, construction activity, and service industries. The property’s position along Coors Boulevard places it within a strategic corridor that connects these expanding neighborhoods with major commercial and employment centers throughout the city. Overall, the location offers a strong combination of high visibility, corridor accessibility, and proximity to growing residential and commercial areas, making it well suited for a wide range of commercial, industrial, or service-oriented development opportunities.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
1-011-055-019141-3-10-04
Land Assessment
$10,197 CAD
Improvements Assessment
$0 CAD
Total Assessment
$10,197 CAD
  • Listing ID: 39974971

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 1941 Coors Blvd SW, Albuquerque, NM 87121

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