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9700 Central Ave SW
Albuquerque, NM 87121
Retail Corner for Redevelopment · Land For Sale · 1.40 AC

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INVESTMENT HIGHLIGHTS

  • Hard corner site with over 53,000 vehicles per day
  • Utilities available and ready for development
  • Southwest Mesa trade area is underserved and expanding rapidly
  • MX-M zoning allows for drive-thru and diverse commercial uses
  • Located half a mile from I-40 in a high-growth corridor

EXECUTIVE SUMMARY

This ±1.4-acre prime hard corner site offers a rare redevelopment opportunity in Albuquerque’s rapidly expanding Southwest Mesa trade area. With exceptional visibility and frontage at the intersection of 98th Street and Central Avenue SW, the property benefits from a combined traffic count of over 53,000 vehicles per day. Zoned MX-M, the site supports a wide range of commercial uses, including drive-thru operations, making it ideal for retail, QSR, or service-oriented development.
Located just half a mile from I-40, the property sits on a major westside corridor surrounded by national retailers and local anchors such as El Mezquite Market and Tenampa Restaurant. Utilities are already available to the site, streamlining development timelines. The Southwest Mesa is Albuquerque’s fastest-growing and most underserved trade area, with only 9 square feet of retail per capita compared to the city average of 45. This imbalance presents a compelling opportunity for developers to meet rising demand.
Demographic trends further support investment: the average household income within a five-mile radius is $80,784, and homeownership rates in the area exceed the national average by 13.5%, indicating strong consumer spending potential. The broader Albuquerque metro area boasts a population of over 932,000 and is recognized for its business-friendly climate, robust transportation infrastructure, and high quality of life.
This site is ideal for developers, retailers, or investors seeking a high-visibility location in a high-growth corridor with strong fundamentals and unmet demand.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Fast Food
Total Lot Size 1.40 AC
Zoning MX-M - Mixed Use - Moderate Intensity

1 LOT AVAILABLE

Lot

Price $1,302,522 CAD
Price Per AC $930,372.74 CAD
Lot Size 1.40 AC

Prime hard corner with excellent visibility.

DESCRIPTION

Hard corner with excellent visibility 53,500 cars per day at intersection Co-area tenancy with national brands 1/2 mile from I-40 On a major west side corridor Fundamental and rapidly growing trade area Utilities to the property

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1-009-056-102516-2-10-30
  • 1-009-056-114518-2-10-29
Land Assessment
$69,909 CAD
Improvements Assessment
$86,968 CAD
Total Assessment
$156,877 CAD
  • Listing ID: 3909261

  • Date on Market: 2011-08-23

  • Last Updated:

  • Address: 9700 Central Ave SW, Albuquerque, NM 87121

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