Description

This exceptional 5-acre development opportunity is strategically positioned just 0.75 miles from the intersection of Paseo Del Norte and Unser Boulevard, two major transportation corridors carrying approximately 16,600 vehicles per day north-south and 17,300 vehicles per day east-west between Albuquerque and Rio Rancho. Located in the heart of the highly desirable Volcano Heights Development, the property is surrounded by a growing concentration of established retailers, technology companies, and major employers including Smith’s, Walmart Neighborhood Market, Walgreens, Dollar Tree, Amazon, Intel, Tempur-Pedic, Shamrock Foods, and Presbyterian. The Westside of Albuquerque, home to approximately 39% of the metro population, continues to be one of the region’s strongest areas for employment and household income growth, creating an outstanding opportunity for development in a market experiencing low vacancy across multiple asset classes. Situated within Albuquerque’s sought-after Northwest quadrant, Volcano Heights is approved for extensive mixed-use development and benefits from prime intersections, strong demographics, a central metro location, and scenic views, making this property an ideal site for future commercial or mixed-use investment and development.