VACANT LAND- CENTRAL AVE SE & 58TH STREET

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1 Las Colinas VACANT LAND- CENTRAL AVE SE & 58TH STREET FOR SALE Central Ave & 58th St Albuquerque, NM Coldwell Banker Commercial Las Colinas April Ager Real Estate Consultant Office Mobile 4801 Lang Ave NE, Suite 200A, Albuquerque, NM Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBCWorldwide.com

2 Las Colinas VACANT LAND- DEVELOPMENT OPPORTUNITY OFF RT 66 THE PROPERTY Vacant Land- Central Ave & 58th St Albuquerque, NM PROPERTY DETAILS Does NOT include office building located at 5727 Central Ave NW Pending updated survey Zoning: C-2 PROPERTY SPECIFICATIONS Property Type: Vacant Land PRICE Sale Price: Call Broker Lot Size: Possible Uses: less than.5 acres Multi-Family Office Retail Other LOCATION INFORMATION Centrally located on Historic Route 66- Central Ave & 58th St NW with the new ART-ABQ Rapid Transit system almost complete- now is the time to secure your project. Visit for details and lets discuss all options. Vacant lot is located adjacent to the newly developed fire department on Central Ave +/- 23,700 CPD per 2015 Traffic Flow Maps CBCWorldwide.com 2

3 Las Colinas VACANT LAND- DEVELOPMENT OPPORTUNITY OFF RT 66 PROPERTY PHOTOS CBCWorldwide.com 3

4 Las Colinas VACANT LAND- DEVELOPMENT OPPORTUNITY OFF RT 66 PROPERTY PHOTOS CBCWorldwide.com 4

5 Las Colinas VACANT LAND- DEVELOPMENT OPPORTUNITY OFF RT 66 AERIAL CBCWorldwide.com 5

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14 COMMERCIAL TRADE AREA REPORT Albuquerque, NM Coldwell Banker Commercial - Las Colinas 4801 Lang NE, Suite 100 Albuquerque, NM Copyright 2017 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 8/1/2017

15 Criteria Used for Analysis Income: Median Household Income Age: Median Age Population Stats: Total Population Segmentation: 1st Dominant Segment Albuquerque, NM $36, ,628 Southwestern Families Consumer Segmentation Life Mode What are the people like that live in this area? Ethnic Enclaves Established diversity--young, Hispanic homeowners with families Urbanization Where do people like this usually live? Urban Periphery City life for starting families with single-family homes Top Tapestry Segments Southwestern Families Urban Families Rustbelt Traditions Parks and Rec Southern Satellites % of Households 7,542 (38.1%) 2,255 (11.4%) 2,219 (11.2%) 1,336 (6.7%) 1,269 (6.4%) % of Albuquerque 3,970 (1.7%) 2,512 (1.1%) 9,371 (4.1%) 8,500 (3.7%) 3 (0.0%) Lifestyle Group Ethnic Enclaves Ethnic Enclaves GenXurban GenXurban Rustic Outposts Urbanization Group Urban Periphery Urban Periphery Urban Periphery Suburban Periphery Rural Residence Type Single Family Single Family Single Family Single Family Single Family or Mobile Homes Household Type Married Couples Married Couples Married Couples Married Couples Married Couples Average Household Size Median Age Diversity Index Median Household Income $27,000 $36,000 $49,000 $55,000 $44,000 Median Net Worth $14,000 $22,000 $79,000 $98,000 $70,000 Median Home Value $92,000 $92,000 $118,000 $180,000 $119,000 Homeownership 55.3 % 60.9 % 72.2 % 70.7 % 78.6 % Employment Services Services Services, Professional or Administration Education Preferred Activities Financial Media No High School Diploma Shop discount, pharmacies. Gamble at casinos; buy lottery tickets. Carry credit card balance Listen to Hispanic radio No High School Diploma Buy discount for children's products. Read magazines. Own no retirement savings Listen to Hispanic radio Vehicle Own 1-2 vehicles Own 1-2 vehicles; carpool Professional, Management or Administration Services, Professional or Administration High School Graduate High School Graduate High School Graduate Buy American-made products. Play games online. Take U.S. vacations. Play blackjack, poker online. Go hunting, fishing. Own a pet dog. Hold home mortgage Budget wisely Shop at Walmart Read newspapers; watch TV Own 2-3 vehicles Watch Animal Planet, Discovery, History Channel Own domestic truck or SUV Listen to country music; watch CMT Own, maintain truck Copyright 2017 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 8/1/2017

16 Albuquerque, NM Best Retail Businesses This chart shows the types of businesses that consumers are leaving an area to find. The business types represented by blue bars are relatively scarce in the area, so consumers go elsewhere to have their needs met. The beige business types are relatively plentiful in the area, meaning there are existing competitors for the dollars that consumers spend in these categories. Data Source: Retail Marketplace via Esri, 2016 Update Frequency: Annually Copyright 2017 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 8/1/2017

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