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601 W Frontage Rd - Traditions 50 Acres of Commercial Land in Algodones, NM 87001

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INVESTMENT HIGHLIGHTS

  • Potable water from a 550’ deep well rated at 50 gallons per minute
  • On site sequence batch reactor waste treatment facility, storm drains and retention pond
  • Natural gas service
  • 100,000 gallon water holding tank connected to well
  • Mature landscaping with park areas and common space
  • T-1 communications

EXECUTIVE SUMMARY

Located in the country’s newest and most exciting media hub of New Mexico, this special property offers a unique opportunity to acquire a site positioned for multiple uses and for film and production studios and facilities. Traditions is situated equal distance between Albuquerque and Santa Fe, the two main media centers in the Southwest . With the appropriate zoning in place for sound stages and other media construct, the property also currently provides an extensive working infrastructure on site allowing for multiple immediate revenue streams. With the proposed creative and technical additions, this site can be a self contained fully functional production facility. Two separate and fully functional food service opportunities fully entitled and operational for commissary or restaurant use.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions
Lease Option
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 50.00 AC
Zoning Special Purpose - Special Purpose

1 LOT AVAILABLE

Lot

Lot Size 50.00 AC

50 Acres lot consisting of 157,000 square feet of single story structures. Current parking for 1,100 cars. 7.2 KV electrical power capacity,Potable water from a 550’ deep well rate and natural gas service. Large scale signage.

DESCRIPTION

Traditions is easily accessible and highly visible from both Albuquerque and Santa Fe via I-25 at Exit 257. The site is served by its own exit with both north and southbound on/off ramps. The subject property is geographically equidistant to Albuquerque and Santa Fe located 30 minutes to either city center and all airports. Flights to and from the Los Angeles area are approximately one hour and forty five minutes to either Albuquerque (ABQ) or Santa Fe (SAF). Albuquerque International is the closest commercial airport to the Traditions site and is served by eleven national and regional airlines with non-stop destinations to other major national cities such as Los Angeles, New York City, Atlanta, Chicago, Dallas, Austin and San Francisco. General Aviation and air charter services are available at both Albuquerque International (ABQ) and Santa Fe (SAF) municipal airport. Cutter Aviation Services located in Albuquerque is a fixed base operator with a full service general aviation facility. Santa Fe’s fixed base operator is Santa Fe Air and it is also a full service air charter and concierge provider. The Rail Runner Express, a light rail commuter system, serves these metro areas, from Albuquerque in the south to the town of Santa Fe in the north. Rail Runner stops in Sandoval County and Santa Fe can service commuters to Traditions.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-031-083-180-200
Land Assessment
$51,193 CAD
Improvements Assessment
$513,683 CAD
Total Assessment
$564,876 CAD
  • Listing ID: 18524259

  • Date on Market: 2020-02-14

  • Last Updated:

  • Address: 601 W Frontage Rd, Algodones, NM 87001

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