RESIDENTIAL AND MIXED USE DEVELOPMENT LAND READY TO GO

This 5 Acre property is strategically located .75 Miles away from Paseo Del Norte & Unser, both major bloodlines to take around 16,600 VPD North/South & 17,200 VPD East/West between Albuquerque & Rio Rancho. The West Mesa Area is experiencing 3% Retail Vacancy & 0.8% Office Vacancy. Positioned right in the middle of the desirable Volcano Heights Development, various retailers & tech companies in the area that are already in business are Smiths, Walmart Neighborhood, Walgreens, Dollar Tree, Amazon, Intel, Tempurpedic, Shamrock Foods & Presbyterian. The Westside of Albuquerque, with 39% of the Albuquerque Metro Population, is one of the highest employment and income areas in the Albuquerque/Rio Rancho Metro Areas. Volcano Heights Development is situated in Albuquerque's sought-after Northwest quadrant. Volcano Heights has obtained approval for multiple mixed use development. Within prime intersections, its favorable demographics, a central metro location, and stunning views, this land opportunity is the perfect starting point for Albuquerque's upcoming mixed-use development. Perfect opportunity to capitalize and develop an area with low vacancy for all asset classes.

Investment Highlights:

• Zoning - MX-M & MX-T
• 3.0% Retail Vacancy Rate
• 0.8% Office Vacancy Rate 
• .75 Miles away from Paseo & Unser
• 17,200 VPD - Traffic Counts Going East & West - Paseo del Norte NW & Golf Course Rd NW -  0.81 miles away
• 16,600 VPD - Traffic Counts Going North & South - Unser Blvd NW & Blue Feather Ave NW - 0.42 miles away 
• Nearby Retailers -  Smiths, Walmart Neighborhood, Walgreens, Dollar Tree
• Nearby Industrial/ Office/ Tech Companies - Amazon, Intel, Tempurpedic, Shamrock Foods, Presbyterian
• Ave HH income w/ 3 Miles - $109,121
• Total Population w/ 3 Miles - 83,464
• 39% of the Albuquerque Metro lives west of the Rio Grande and is continuously growing.
• The Westside of Albuquerque is one of the highest employment and income areas in the Albuquerque/Rio Rancho Metro Areas. 
• Development Ready Land
• Spectacular Views