One of Four. 6.59 Acres. $4.35 per square foot. Build Almost Anything.

Highlights:

• Price & Size $4.35 per square foot, $189,624 per acre ±6.592 total acres / ±287,148 square feet Two tracts sold together: ±6.249-acre rear body and ±0.343-acre Coors frontage tract 154 linear feet of frontage on Coors Boulevard Gas, water, sewer and electric piped in and connected from the existing improvement Ingress/egress at the east property line
• Zoning — SC-AC, South Coors Activity Center (both tracts) Highest-density mixed-use designation in the Sector Development Plan Activity Center zoning applies at only four intersections on the entire corridor: Sage, Blake, Arenal and Rio Bravo Residential permitted at 25 units per acre by right; up to 50 units per acre conditionally By-right density supports ±164 units; conditional density supports ±329 units Land basis of $7,622 per door at 164 units; $3,799 per door at 329 units Maximum height 54 feet / 4 stories, subject to step-backs at the Coors right-of-way and step-downs adjoining single-family No minimum lot area and no minimum lot width No required front setback for structures with ground-floor commercial No side yard setback between lots inside the zone; no rear setback except 20 feet adjoining single-family Multifamily parking: 1.5 spaces per dwelling unit Retail and commercial parking: 2.5 spaces per 1,000 square feet One 20 percent parking reduction available — shared parking, transit proximity or variance (alternatives, not cumulative) EV charging stations count as two off-street spaces each Usable open space for apartments: 100 square feet per unit Freestanding signage permitted along Coors per Activity Center standards (200 SF maximum sign area, 26-foot maximum height)
• Permissive By Right — No Conditional Use Permit, No Hearing Hotel and motel Theater and indoor amusement Restaurant with beer, wine and spirits under restaurant, small brewer, winegrower or craft distiller license Medical clinic; medical and dental laboratory; physical therapy; prescription and supply Nursing or rest home; day care and family day care Grocery, drugstore, hardware, clothing, sporting goods, jewelry, paint, package liquor Service station, car wash, auto parts retail Drive-thru facilities including banks, drugstores and restaurants Office, banking, health gymnasium, laundromat, dry cleaning Automotive, motorcycle and small-engine repair (no bodywork) Light manufacturing to 10,000 SF, fully enclosed Food processing to 10,000 SF, fully enclosed, including commissary with incidental vehicle storage Cannabis uses per Section 22.4.20 Townhouses, apartments and mixed-use development at up to 25 units per acre
• Traffic — 2026 Counts 24,084 vehicles per day at the property frontage 25,852 vehicles per day at the signalized intersection of Coors and Arenal 12,383 vehicles per day on Arenal Road SW Coors Boulevard designated a Major Transit Corridor; ABQ RIDE Route 155 operates along the frontage
• Trade Area — 2025 Estimates 5-mile: 188,808 residents · 69,896 households · 25,785 renter households 5-mile: 88,589 daytime employees across 9,329 businesses 5-mile: $2.0 billion total specified consumer spending 2-mile: 52,437 residents · 17,206 households · average household size 2.9 2-mile: 6,811 daytime employees across 831 businesses 2-mile: $486.8 million total specified consumer spending 26,704 education and health services employees within 5 miles
• Location Frontage on Coors Boulevard SW (NM 45) Within four miles of I-40 and Coors Minutes from the Bridge Boulevard river crossing ±3.5 miles north of the Las Estancias Community Activity Center Sandia Mountain views

Description:

±6.59 contiguous acres on Coors Boulevard offered at $4.35 per square foot — ±287,148 total square feet across a ±6.25-acre body and a ±0.34-acre frontage tract with 154 feet of frontage on Coors, delivered together as one assemblage. Gas, water, sewer and electricity are already piped in and connected from the existing improvement, with established ingress/egress at the east property line, absorbing the horizontal cost and utility timeline that stall comparable land along this corridor.

Both tracts are zoned SC-AC — the South Coors Boulevard Activity Center — the highest-density mixed-use designation in the Sector Development Plan, applied at only four intersections along the entire corridor: Sage, Blake, Arenal and Rio Bravo. The zone carries no minimum lot area, no minimum lot width, and no required front setback for structures with ground-floor commercial, with building heights permitted to 54 feet and four stories. Development standards are unusually efficient: multifamily parking is required at just 1.5 spaces per unit and retail at 2.5 spaces per 1,000 square feet, with a 20 percent shared-parking reduction available across mixed uses and electric vehicle charging stations counting as two spaces each.

Five distinct development paths are supported. Residential is permitted at 25 dwelling units per acre by right and up to 50 conditionally — a yield of ±164 to ±329 units, or a land basis of $7,622 down to $3,799 per door, with on-site usable open space required at only 100 square feet per unit. Retail, quick-service and convenience benefit from a signalized intersection at Coors and Arenal carrying 25,852 vehicles per day, with 24,084 passing the frontage itself, and drive-thru facilities, grocery, drugstore, hardware, service station and car wash all permissive — the frontage tract sized for a single high-exposure pad ahead of the balance. Healthcare is by right — medical clinic, dental and medical laboratory, physical therapy, prescription and supply, day care and nursing facility — serving 26,704 education and health services employees within five miles. Hospitality and entertainment are permissive rather than conditional, including hotel, motel, theater, indoor amusement and restaurants serving beer, wine and spirits under restaurant, small brewer, winegrower or craft distiller licenses. Owner-users and light production may build fully enclosed light manufacturing or food processing to 10,000 square feet, commissary with incidental vehicle storage, cannabis uses, delivery service, health gymnasium, or automotive and small-engine repair.

The trade area holds 188,808 residents, 69,896 households and 88,589 daytime employees across 9,329 businesses within five miles, generating $2 billion in annual consumer spending — $486.8 million of it inside two miles alone. Frontage sits on Coors Boulevard, a designated Major Transit Corridor served by ABQ RIDE Route 155, within four miles of I-40 and minutes from the Bridge Boulevard river crossing, framed by Sandia Mountain views on a contiguous assemblage of a size that rarely reaches this market.

Documents: