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    8027 Monte Carlo Dr Albuquerque, NM 87120

    For Sale
    $319,000

    LAND - Albuquerque, NM

    Lot size:
    0.79 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 13 at 3:06 am

    Property Features for 8027 Monte Carlo Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1-010-062-013-312-2-09-02
    Lot size
    0.79 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    K2 Omni Group (505) 750-2837 [email protected]

    Listing agent K2 Omni Group (505) 750-2837 License #50525, 20817

    Listing date Oct 22, 2025

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in Albuquerque

    This residential lot is located in Albuquerque, New Mexico. The property, situated on Monte Carlo Drive NW, offers potential for a custom home. The 0.79-acre parcel features mountain and city views. The flat terrain and nearby utilities may facilitate construction. The location provides convenient access to shopping, schools, and major roads. The property is located in a quiet, established neighborhood, presenting an opportunity for a dream home or investment property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Auto Repair Shop Nail Salon Gym & Fitness Auto Parts Store Department Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.727176
    Latitude
    35.153874

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    FAQs

    What type of property is this?
    Land - Spacious lot for custom home with mountain and city views.
    Where is this land located?
    The property is located at 8027 Monte Carlo Dr Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: - Prime residential lot in a desirable Albuquerque neighborhood.; - Excellent potential for a custom home with mountain and city views.; - Flat terrain and utilities nearby for an easy build.
    (505) 750-2837
    Request Owner's contact information
    8027 Monte Carlo Dr Albuquerque, NM 87120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8027 Monte Carlo Dr Albuquerque, NM 87120
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