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    Venada Plz Commerce Ctr Bernalillo, NM 87004

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    For Sale
    $331,056

    Multiple industrial lots in rapidly growing area, ready for development.

    Property size:
    12 SF
    Lot size:
    12.40 Acres

    Property Features for Venada Plz Commerce Ctr

    General Information

    Size
    12 SF
    Lot size
    12.40 Acres

    Source: Walt Arnold, CCIM, SIOR Agent Walt Arnold, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Industrial Lots Available

    Multiple vacant industrial lots are available on Montoya Road, situated just east of New Mexico Highway 528. The lots are located in a rapidly growing area and can be purchased separately or in any combination. The property is adjacent to Highway 550, providing access to I-25 and northwest New Mexico. The Santa Ana Hotel and Casino is located within a mile, with numerous amenities available along Highways 528 and 550. The lots are ready for development. The location is just east of State Route 528 on Montoya Road, adjacent to Bernalillo and Rio Rancho, and near Santa Ana. The property comprises multiple lots and is offered for cash sale to the seller.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bernalillo
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.82
    Latitude
    35.4078

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    FAQs

    What type of property is this?
    Land - Multiple industrial lots in rapidly growing area, ready for development.
    Where is this land located?
    The property is located at Venada Plz Commerce Ctr Bernalillo, NM.
    What is the asking price?
    The asking price for this property is $331,056.
    What are key features of this property?
    This property features: - Located in a rapidly growing area; - Ready for development; - Multiple lots available for separate or combined purchase
    (505) 269-9358
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    Venada Plz Commerce Ctr Bernalillo, NM 87004
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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
    Venada Plz Commerce Ctr Bernalillo, NM 87004
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