Published on: Tuesday, July 9, 2024
Updated on: Thursday, March 20, 2025
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About the Lister
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Name: Coralee Quintana
Company: Exp Realty
Office Phone: 505-639-1266 60
Cell Phone: 505-639-1266
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Financing  Business  Material
  10 Acres Commercial Land Tracts
Central Avenue NW Albuquerque New Mexico , 87121
Central Avenue NW Albuquerque New Mexico                                                                                          , 87121  Exp Realty
Listing ID: CL-New Mexico-13113

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-New Mexico-13113
Status: Accepting Offers
Occupancy: N/A
Year Build: N/A
Building Size: N/A SqFt
Lot Size: 434,990.00 SqFt.
No of Stories: N/A
No of Parking: N/A
Is Security Deposit Required: No
Lease Type: Triple Net Lease (NNN)
Available B2B Options: 0
Offer to Millionaire Club: No
Listing Summary
Rare opportunity to purchase a free-standing subdivided retail building on one of the most heavily traveled areas of North East Dade,
Complete Details
Year Build: N/A
Building Size: N/A
Total Lot Area: 434,990 SqFt.
No of Stories: N/A
No of Total Units: N/A
Occupancy: 0%
Heating and Cooling: Not Specified
Roofing: Not Specified
No of Parking: N/A
Lease Details
Lease Type: Triple Net Lease (NNN)
Monthly Rent: $10,000.00
Availability on: Monday, December 9, 2024
Rental Application Fee: $0.00
Total Cost to Move in: $0.00
Security Deposit Required?: No
Lease Terms

1 Year

Full Description

Rare opportunity to purchase a free-standing subdivided retail building on one of the most heavily traveled areas of North East Dade, Miami. Falling under multiple overlays the site allows for an increased density of 100 dwelling unit to the acre, allowing for a max of 32 units on this site. Approval and plans already in place. Renderings available for qualified prospects. Currently rented to 4 retail tenants who are on month to month leases and paying below market rent. End Parcel lot currently vacant. This property is best seen as a solid covered land play for a developer looking to ultimately take advantage of the strong redevelopment incentives while capitalizing on the in-place income for short-term or stable annual rentals in the meantime as the neighborhood continues to grow and thrive. SELLER FINANCE WILL BE CONSIDERED.

Additional Properties
Features
  • ModificationTimestamp: 2024-12-03T22:31:12.103-00:00
  • Tax Annual Amount: 405.0
Listing Location
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Exclusive Estate Liquidation, Auction, Ecommmerce , Fort Lauderdale Florida                                                                                              33316
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PALM BEACH COUNTY, FL 33430 , Belle Glade Florida                                                                                              33430
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MIAMI , Miami Florida                                                                                              33016
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FORT LAUDERDALE , Fort Lauderdale Florida                                                                                              33316
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LANTANA , Lantana Florida                                                                                              33462