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    Karrol St SW Albuquerque, NM

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    For Sale
    $495,000

    Land parcel suitable for residential development with utilities available.

    Lot size:
    8.05 Acres

    Property Features for Karrol St SW

    General Information

    Lot size
    8.05 Acres
    Source: Moodyscre

    Listing Agent: Toby R Atencio

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

    Overview

    Residential Development Land Available

    This parcel of land is suitable for a residential development. According to previous engineering work, the parcel can accommodate 43 residential lots. All utilities are located in the street in front of the acreage.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6466306
    Latitude
    35.0720392

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    FAQs

    What type of property is this?
    Land - Land parcel suitable for residential development with utilities available.
    Where is this land located?
    The property is located at Karrol St SW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Great parcel of land suitable for a 43-lot residential development.; - All utilities are available in the street.; - Engineering work has already been completed.
    (505) 263-0233
    Request Owner's contact information
    Karrol St SW Albuquerque, NM
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    Albuquerque, NM
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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
    Karrol St SW Albuquerque, NM
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