101 Woodward Rd SE, Albuquerque, NM 87102
Commercial property for lease
- Description
- This is a flat corner lot contiguous to William Street, SE and Woodward Road, SE. The owners have received notice from the City of Albuquerque that Woodward Road is to be widened from the corner of the lot east toward Interstate 25 to keep pace with the growth in that area of south Albuquerque, which may link Woodward to Airport Boulevard, the main entrance to the Albuquerque International Airport. The 1.605-2.026 acre parcel includes four mobile homes that are fully rented; at least one has been continuously rented for 10 years-plus. The owner received authority from the City for the mobile homes, but this is not a mobile home park. Gross income, net income, and estimated cap rate in connection with the mobile homes are available to a prospective buyer following signing of a non-disclosure agreement. Zoning prior to the IDO was SU-1. The Comparison Map of the IDO indicates NR-LM (Non-Residential Light Manufacturing).
- Contact info
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Ray ReganRealty One of New Mexico - RRegan
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Price: $ 625,000 Lot Size: 2.030 Acres Submarket: Industrial, Other MSA: Albuquerque Zoning: SU-1 - Special Use Zone Buildings: 1 Terms: Cash to Seller, Owner Financing Added: 12/20/2017