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32598658
32598655

Ellison Rd & Cibola Loop, Albuquerque, NM 87114 For Sale

TH
NM NM 13730
Colliers - Albuquerque, New Mexico
Listed by Colliers - Albuquerque, New Mexico
$2,707,690
66 days on market
Updated 66 days ago

Ellison Rd & Cibola Loop

Details
Property Type Retail, Multifamily (+1)
Sub Type Apartment Building
Units 170
Tenancy Vacant
Price per SqFt $12
Stories 3
Acreage 5.180
Zoning R-ML (Residential - Multi-Family Low Density)
Investment Type Redevelopment

Retail

Marketing description

Colliers is pleased to bring to market ±5.18 acres of vacant land in Northwest Albuquerque, offering a fully entitled, site-planned infill development opportunity in one of the city's fastest-growing corridors. Positioned at a signalized intersection with strong visibility, the property benefits from municipal adjacency and a streamlined path to development, reducing entitlement risk and allowing for a more immediate timeline.

This opportunity goes beyond a typical land acquisition. With entitlements in place and site planning completed, the property eliminates a significant portion of the traditional development timeline and associated risk, allowing a developer to move directly into execution in a supply-constrained submarket. Well-positioned to serve increasing residential demand, the site offers flexibility for multifamily, senior housing, or alternative residential concepts in a high-growth area.

Investment highlights

  • ±5.18 acres of vacant land in Northwest Albuquerque, offering a fully entitled, site-planned infill opportunity
  • Signalized corner at Coors Blvd and Ellison Dr with excellent visibility
  • Ideal for multifamily, senior housing, or 55+ independent living with entitlement for 170 units on 3 floors
  • Located within a high-growth Westside corridor with strong population trends
  • Convenient access to major arterials connecting to employment centers, retail, dining, and services
  • Positioned to benefit from increasing residential demand and surrounding community growth
  • Adjacent to the ±55,000 SF Cibola Loop Multigenerational Center, currently under construction as a two-phase development featuring fitness facilities, gymnasium, indoor track, community spaces, and outdoor amenities including trails, athletic fields, and an amphitheater

Listing Contacts

TH
NM NM 13730
Colliers - Albuquerque, New Mexico
Listed by Colliers - Albuquerque, New Mexico

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Additional Information

Name
Terrie Hertweck
License
NM 13730
Brokerage
Terrie Hertweck
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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