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    NW And Old Airport Rd Albuquerque, NM

    For Sale
    $359,370

    Land suitable for restaurants, hotels, retail, or high-density office.

    Lot size:
    0.55 Acres

    Property Features for NW And Old Airport Rd

    General Information

    Lot size
    0.55 Acres

    Source: Coldwell Banker Commercial - Las Colinas Agent Greg L Foltz

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

    Overview

    Prime Commercial Land Opportunity

    This commercial land is located directly across from Cottonwood Mall on the north side, adjacent to Home Depot and Super Wal-Mart. The property is suitable for restaurants, hotels, retail, or high-density office use. The owner will consider build-to-suit options for strong national or regional tenants and will sell only to end users. The owner is willing to subdivide the hard corner to accommodate a pad user. The parcel is subdivided into two parcels: MM-1-B-1, which is 3.1692 acres, and MM-1-B-2, which is 0.5500 acres. These parcels can be purchased separately or together.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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?
    Commercial land - Land suitable for restaurants, hotels, retail, or high-density office.
    Where is this commercial land located?
    The property is located at NW And Old Airport Rd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $359,370.
    What are key features of this property?
    This property features: - Prime location directly across from Cottonwood Mall; - High-traffic area adjacent to Home Depot and Super Wal-Mart; - Suitable for a variety of uses: restaurants, hotels, retail, or high-density office
    (505) 897-7227
    Request Owner's contact information
    NW And Old Airport Rd 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
    NW And Old Airport Rd Albuquerque, NM
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