VACANT LAND - DEVELOPMENT OPPORTUNITY

Coldwell Banker CommercialLas Colinas

April Ager Real Estate Consultant

505-563-4658 Office 505-269-5771 Mobile AprilA@CBCWorldWide.com

4801 Lang Ave NE, Suite 100, Albuquerque, NM 87109

CBCWorldwide.com

Las Colinas

FOR SALE1800 Candelaria Road NWAlbuquerque, NM 87107

© 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of theEqual Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dbaColdwell Banker Commercial Affiliates. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representationabout it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performanceof the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independentinvestigation of the property to determine to your satisfaction the suitability of the property for your needs.

CBCWorldwide.com 2

VACANT LAND - DEVELOPMENT OPPORTUNITY

Las Colinas

THE PROPERTY

Vacant Land - Development Opportunity1800 Candelaria Road NWAlbuquerque, NM 87107

PROPERTY SPECIFICATIONS PRICE

Property Type: Vacant Land

Zoning: RA-2

Lot Size: +/- 1.41 Acres(+/- 61,419.60 SF)

Sale Price: $425,000.00

Price/SF: $6.92

LOCATION INFORMATION

CALLING ALL DEVELOPERS!!!

This 1.41 Acre lot zoned RA-2 with active irrigation is a great location to build your new home or redevelop for multiple properties.

Conveniently located to all the amenities of North Valley living, schools, parks, restaurants, and shopping.

A short distance to the Rio Grande Nature Center, walking trails and the Bosque area where you can enjoy nature, birds and horses.

Minutes from Downtown, Old Town and Freeway access.

PROPERTY DETAILS

From Rio Grande Blvd and Candelaria, go East to 1800 Candelaria Road NW.

Located in the beautiful North Valley Area surrounded by a mixed use of commercial, custom homes, and gated residential communities.

CBCWorldwide.com 3

VACANT LAND - DEVELOPMENT OPPORTUNITY

Las Colinas

PROPERTY OVERVIEW

PROPERTY PHOTOS

CBCWorldwide.com 4

VACANT LAND - DEVELOPMENT OPPORTUNITY

Las Colinas

SURVEY

Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography page 1 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112

Th

is r

ep

ort

wa

s p

rod

uce

d u

sin

g d

ata

fro

m p

riva

te a

nd

go

vern

me

nt

sou

rce

s d

ee

me

d t

o b

e r

elia

ble

. T

he

info

rma

tio

n h

ere

in is

pro

vid

ed

with

ou

t re

pre

sen

tatio

n o

r w

arr

an

ty.

GRAPHIC PROFILE2000-2010 Census, 2012 Estimates with 2017 Projections

Calculated using Proportional Block Groups

Prepared By: April Ager

Lat/Lon: 35.1231/-106.6633RGRAP3

1800 Candelaria Rd NW1 Mile 2 Miles 3 Miles

Albuquerque, NM

Population

Estimated Population (2012) 12,062 33,028 78,006Projected Population (2017) 12,741 34,873 82,327Forecasted Population (2022) 12,770 34,949 82,506Census Population (2010) 11,757 32,191 76,044Census Population (2000) 11,778 31,385 70,587

Projected Annual Growth (2012-2017) 679 1.1% 1,845 1.1% 4,321 1.1%Historical Annual Growth (2010-2012) 306 -0.1% 837 1.3% 1,962 3.6%Historical Annual Growth (2000-2010) -21 - 806 0.3% 5,456 0.8%

Estimated Population Density (2012) 3,843 psm 2,630 psm 2,760 psmTrade Area Size 3.1 sq mi 12.6 sq mi 28.3 sq mi

Race and Ethnicity (2012)

Not Hispanic or Latino Population 4,531 37.6% 12,715 38.5% 32,670 41.9%White 3,345 73.8% 9,247 72.7% 22,153 67.8%Black or African American 88 1.9% 321 2.5% 1,207 3.7%American Indian or Alaska Native 244 5.4% 687 5.4% 2,345 7.2%Asian 55 1.2% 175 1.4% 752 2.3%Hawaiian or Pacific Islander 6 0.1% 22 0.2% 51 0.2%Other Race 116 2.6% 430 3.4% 1,004 3.1%Two or More Races 679 15.0% 1,833 14.4% 5,158 15.8%

Hispanic or Latino Population 7,531 62.4% 20,312 61.5% 45,336 58.1%White 4,854 64.5% 12,950 63.8% 28,766 63.5%Black or African American 72 1.0% 206 1.0% 653 1.4%American Indian or Alaska Native 169 2.2% 575 2.8% 1,389 3.1%Asian 23 0.3% 68 0.3% 199 0.4%Hispanic Hawaiian or Pacific Islander 7 0.1% 26 0.1% 69 0.2%Other Race 374 5.0% 1,332 6.6% 3,202 7.1%Two or More Races 2,032 27.0% 5,154 25.4% 11,057 24.4%

Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography page 2 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112

Th

is r

ep

ort

wa

s p

rod

uce

d u

sin

g d

ata

fro

m p

riva

te a

nd

go

vern

me

nt

sou

rce

s d

ee

me

d t

o b

e r

elia

ble

. T

he

info

rma

tio

n h

ere

in is

pro

vid

ed

with

ou

t re

pre

sen

tatio

n o

r w

arr

an

ty.

GRAPHIC PROFILE2000-2010 Census, 2012 Estimates with 2017 Projections

Calculated using Proportional Block Groups

Prepared By: April Ager

Lat/Lon: 35.1231/-106.6633RGRAP3

1800 Candelaria Rd NW1 Mile 2 Miles 3 Miles

Albuquerque, NM

Age Distribution (2008)

Age Under 5 Years 660 5.5% 1,857 5.6% 4,665 6.0%

Age 5 to 9 Years 664 5.5% 1,782 5.4% 4,450 5.7%

Age 10 to 14 Years 691 5.7% 1,861 5.6% 4,299 5.5%

Age 15 to 19 Years 731 6.1% 2,138 6.5% 4,944 6.3%

Age 20 to 24 Years 695 5.8% 2,006 6.1% 5,830 7.5%

Age 25 to 29 Years 693 5.7% 2,036 6.2% 5,989 7.7%

Age 30 to 34 Years 675 5.6% 1,974 6.0% 5,365 6.9%

Age 35 to 39 Years 680 5.6% 1,897 5.7% 4,899 6.3%

Age 40 to 44 Years 700 5.8% 1,966 6.0% 4,705 6.0%

Age 45 to 49 Years 813 6.7% 2,243 6.8% 5,054 6.5%

Age 50 to 54 Years 937 7.8% 2,547 7.7% 5,611 7.2%

Age 55 to 59 Years 1,036 8.6% 2,743 8.3% 5,771 7.4%

Age 60 to 64 Years 921 7.6% 2,417 7.3% 5,058 6.5%

Age 65 to 69 Years 719 6.0% 1,909 5.8% 3,853 4.9%

Age 70 to 74 Years 511 4.2% 1,353 4.1% 2,775 3.6%

Age 75 to 79 Years 384 3.2% 905 2.7% 1,865 2.4%

Age 80 to 84 Years 297 2.5% 717 2.2% 1,445 1.9%

Age 85 Years or Over 254 2.1% 677 2.1% 1,427 1.8%

Median Age 42.5 41.1 38.0

Generation (2012)

Generation 9/11 Millennials (Age Under 10 Years) 1,324 11.0% 3,639 11.0% 9,115 11.7%

Gen Y to Echo Boomers (Age 10 to 29 Years) 2,810 23.3% 8,041 24.3% 21,063 27.0%

Gen Xers (Age 30 to 49 Years) 2,869 23.8% 8,080 24.5% 20,023 25.7%

Baby Boomers (Age 50 to 69 Years) 3,613 30.0% 9,616 29.1% 20,294 26.0%

Silent Generation (Age 70 to 79 Years) 895 7.4% 2,258 6.8% 4,639 5.9%

G.I. Generation (Age 80 Years or Over) 551 4.6% 1,394 4.2% 2,871 3.7%

Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography page 3 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112

Th

is r

ep

ort

wa

s p

rod

uce

d u

sin

g d

ata

fro

m p

riva

te a

nd

go

vern

me

nt

sou

rce

s d

ee

me

d t

o b

e r

elia

ble

. T

he

info

rma

tio

n h

ere

in is

pro

vid

ed

with

ou

t re

pre

sen

tatio

n o

r w

arr

an

ty.

GRAPHIC PROFILE2000-2010 Census, 2012 Estimates with 2017 Projections

Calculated using Proportional Block Groups

Prepared By: April Ager

Lat/Lon: 35.1231/-106.6633RGRAP3

1800 Candelaria Rd NW1 Mile 2 Miles 3 Miles

Albuquerque, NM

Household Type (2012)

Total Households 5,112 14,167 33,793Family Households 3,140 32.7% 8,412 31.8% 18,912 28.3%Family Households with Children 1,470 46.8% 3,906 46.4% 9,352 49.5%Family Households No Children 1,670 53.2% 4,506 53.6% 9,560 50.5%

Non-Family Households 1,972 32.7% 5,755 31.8% 14,880 28.3%Non-Family Households with Children 8 0.4% 21 0.4% 61 0.4%Non-Family Households No Children 1,965 99.6% 5,734 99.6% 14,820 99.6%

Education Attainment (2012)

Elementary or Some High School 1,102 12.8% 3,695 15.8% 7,771 14.4%High School Graduate 2,323 26.9% 5,733 24.5% 12,565 23.3%Some College or Associate Degree 1,933 22.4% 5,722 24.5% 15,156 28.2%Bachelor or Graduate Degree 3,263 37.9% 8,234 35.2% 18,325 34.1%

Household Income (2012)

Estimated Average Household Income $66,733 $66,271 $61,301Estimated Median Household Income $52,201 $48,856 $46,279

HH Income Under $10,000 273 5.3% 916 6.5% 2,779 8.2%HH Income $10,000 to $34,999 1,802 35.3% 5,428 38.3% 13,537 40.1%HH Income $35,000 to $44,999 637 12.5% 1,816 12.8% 4,965 14.7%HH Income $50,000 to $79,999 1,081 21.1% 2,598 18.3% 5,943 17.6%HH Income $80,000 to $94,999 581 11.4% 1,674 11.8% 3,840 11.4%HH Income $100,000 to $149,999 581 11.4% 1,674 11.8% 3,840 11.4%HH Income $150,000 or More 462 9.0% 1,208 8.5% 2,370 7.0%