Pad Sites at Juan Tabo and I-40
601 Juan Tabo Blvd NE Albuquerque, NM 87123

Overview
Rare development opportunity with two pad sites in Albuquerque’s vibrant Northeast Heights. These pad sites are strategically positioned in a bustling retail corridor, making them an ideal investment for a developer seeking high visibility and strong traffic counts.
The property at 601 Juan Tabo Blvd. NE consists of two prime pad sites available for development in Albuquerque’s thriving Northeast Heights. The pad sites are positioned along a busy commercial corridor, offering approximately 1.77 and 2.47 acres ready for retail, dining, or service-oriented builds. Anchored by a recently remodeled Olive Garden, the site benefits from its placement in an established retail node with excellent visibility and access. Key features include:
- Strategic Positioning: Situated on Juan Tabo Boulevard, a major thoroughfare, with close proximity to I-40 (over 78,000 vehicles daily), ensuring high traffic counts and easy commuter access.
- Surrounding Amenities: Neighbors include national brands like Hobby Lobby, Starbucks, and a new Maverick gas station, creating a synergistic retail environment.
- Development-Ready: Flat, usable land with existing infrastructure nearby, reducing site prep costs and speeding up construction timelines.
- Zoning Advantage: Zoned for commercial use , ideal for pad site staples like drive-thrus, small retail, or professional services. The 2.47 acre pad-site ideal for hospitality (variance needed).
The Northeast Heights is one of Albuquerque’s most desirable and dynamic submarkets.
- Prime Accessibility: Located just off the first westbound I-40 exit, the area serves as a gateway for commuters heading into the city or toward residential neighborhoods. Juan Tabo Blvd. itself is a vital artery, connecting the site to thousands of daily drivers and shoppers.
- Robust Local Economy: Proximity to major employers like Sandia National Laboratories and Kirtland Air Force Base (combined workforce exceeding 33,000) drives consistent demand for convenience retail and dining. These employees are your built-in customer base, just minutes away.
- Affluent, Growing Community: The 87123 ZIP code boasts a stable population of families and professionals with solid purchasing power. The Northeast Heights is known for its residential density and community loyalty, ensuring tenants will thrive here.
- Retail Momentum: The area’s existing commercial success—evidenced by Olive Garden’s recent investment and nearby national chains—signals a strong, developer-friendly market. Yet, gaps remain for innovative retail or quick-service concepts, offering a first-mover advantage.
- Lifestyle Draw: Backed by the stunning Sandia Mountains, the Northeast Heights blends urban convenience with outdoor appeal. Residents enjoy hiking, biking, and a high quality of life, making this a magnet for businesses catering to active, engaged consumers.
- High Traffic location: Juan Tabo and I-40 West
- Established retail hub: Hobby Lobby, Starbuck and many more
- Flexible development for quick service restaurants, hotel, carwash, multi-tenant retail, etc.
- Freeway proximity & high visibility
- Top 25% performing Olive Garden in the county
- Strong Demographics
Attachments
For Sale
- Sale Price
- $1,859,429 - 4,161,923
- Acres
- 1.77 - 4.24 ac
- Zoning
- MX-L
- Zoning Description
- Low Intensity
- Submarket
- Northeast Heights
- County
- Bernalillo
- Created
- 2025-04-10
- Updated
- 2025-04-14
- Listing ID
- 62702b0d
- Parcel APN
- 102105749321042447