FOR SALE >> VACANT LAND. Albuquerque, PRESENTED BY: COLLIERS INTERNATIONAL TOM FRANCHINI, CCIM BILL ROBERTSON
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1 FOR SALE >> WEST FOR SALE >> MESA Albuquerque, West Mesa NM Vacant Land PRESENTED BY: BILL ROBERTSON LIC. #8433 SENIOR VICE PRESIDENT PRINCIPAL DIR CELL TOM FRANCHINI, CCIM LIC. #40532 SENIOR ASSOCIATE DIR CELL COLLIERS INTERNATIONAL 5051 JOURNAL CENTER NE SUITE 200 ALBUQUERQUE, NM MAIN
2 Albuquerque, FOR SALE >> NM Parcels Acres ± ± ± ± ± ± ± ± ± ± ± ± ± * Lots not shown to scale. Overview The West Mesa is characterized by a large mesa, framed by two escarpments. The mesa area features a series of dunes overlooking the Rio Puerco Valley, partially vegetated swales that run parallel roughly east-west and a group of natural depressions in the north-central portion of the community. Most of the mesa drains southward to a series of natural depressions in the Pajarito Grant and on Isleta Pueblo land. Elevations vary from 6,100 feet down to 5,100 feet. >> Subject property is located in the western outskirts of Albuquerque south of Interstate 40 >> Land is ideal for long term development >> Currently this property sites almost 7 miles west of the nearest master planned subdivisions in Albuquerque making this a long term investment >> Bernalillo County is currently studying, Santolina Level A Master Plan which is just east of this acreage and delineates a plan for transportation, utilities, storm and waste water >> Access to the properties is available from Interstate 40 to Atrisco Vista Boulevard exit then west on Cerro Coronado for 5 miles >> Immediately east of Route 66 Casino & Rio Puerco >> Exceptional I-40 visibility at the western edge of the Albuquerque Metro area
3 Albuquerque, FOR SALE >>NM Transportation Plan The 2035 Metropolitan Transportation Plan (MTP)* outlines several publicly funded projects that will improve access to the West Mesa: 1. Widening Dennis Chavez Boulevard east of Atrisco Vista 2. Widening Atrisco Vista north of I Constructing Paseo del Volcan north of I th Street I-40 interchange 5. Paseo del Volcan/I-40 interchange SANTOLINA COMMUNITY (Proposed) 1: 223, Miles This map is a user generated static output from and is for reference only. Data layers that appear on this map may or may not be
4 Albuquerque, FOR SALE >> NM Master Plan Information The property is currently undeveloped rangeland on a large mesa framed by escarpment to the east and the Rio Puerco to the west. The Rio Puerco Valley to the east of the property. * Lots not shown to scale.
5 PRESENTED BY: BILL ROBERTSON LIC. #8433 SENIOR VICE PRESIDENT PRINCIPAL DIR TOM FRANCHINI, CCIM LIC. #40532 SENIOR ASSOCIATE DIR COLLIERS INTERNATIONAL 5051 JOURNAL CENTER NE SUITE 200 ALBUQUERQUE, NM MAIN Albuquerque Market Overview The Albuquerque metro area includes Bernalillo, Sandoval, Torrance and Valencia counties which is fueled by a population of more than 900,000. The largest of these is Bernalillo County, which includes the city of Albuquerque and has a population of approximately 675,000. This includes 70,000 college students bringing up a younger and better educated workforce. Since 2000 the metro population has increased by 21.6 percent. Rio Rancho, located in Sandoval County, has had the largest growth of nearly 76 percent. The Albuquerque metro area is rich in history and culture but also has the dynamics of a modern, growing city with a unique and diverse workforce. Located along the Sunbelt of the United States and in the heart of the Southwest, Albuquerque is situated in an ideal location. The heart of the city is bisected east-west by Interstate 40 and north-south by Interstate 25 making Albuquerque a prime location for transportation and distribution. The Burlington Northern and Santa Fe Railway (BNSF) offer a north-south line that connects in Albuquerque and an east-west line which connects in Belen, located 40 miles south of Albuquerque. These coupled with Albuquerque s International Airport, the Sunport, provides easy access in all directions to principal Western cities. Employment Overview The Albuquerque labor force consists of nearly 415,296 workers, which accounts for 45 percent of the state s total employment; 19 percent of the labor force is in the key age bracket of years old. Several prestigious educational institutions such as the University of New Mexico are located in Albuquerque and the surrounding areas. With an unadjusted unemployment rate of 5.1 percent in 2016 the metropolitan area has enjoyed an employment increase of 1.2 percent. The largest job sector is government, which accounts for nearly one of every four jobs in the metro area. The metro supplies a young, educated population for future employment. Foreign Direct Investment Magazine ranks the metro area in the top 10 American Cities of the Future and Forbes ranks Albuquerque as one of the Best Cities for Business. It is no wonder companies such as Lowe s Customer Support Center, Bendix/King, Fidelity Investments, Fraunhofer, Intel, SolAero, General Mills and Tempur-Pedic call Albuquerque home. Kirtland Air Force Base along with mission partners such as the Department of Energy and Sandia Laboratories have an annual economic impact on the Albuquerque area of more than $4 billion. The diversified business climate of Albuquerque creates a healthy environment for the public and governmental institutions to partner with local businesses creating a robust economy. Albuquerque MSA Employment Information Other Services Manufacturing Financial Activities Mining, Lodging & Construction 2.2% 3.0% 4.3% 4.7% 5.4% by Sector 11.0% Leisure & Hospitality Government 21.4% 15.0% 16.8% 16.2 % Professional & Business Services Trade, Transportation, & Utilities Education & Health Services Sources: Albuquerque Economic Development, Inc., Site Selection NM Department of Workforce Solutions, Economic Research & Analysis Bureau Albuquerque Economic Development, Inc., Site Selection
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