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    Bridge Blvd SW Albuquerque, NM 87105

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    For Sale
    $995,000

    Shovel-ready land for townhome development with approved plans.

    Lot size:
    4.52 Acres

    Property Features for Bridge Blvd SW

    General Information

    Lot size
    4.52 Acres
    Source: Moodyscre

    Listing Agent: Daniel Kearney

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

    Overview

    Townhome Development Land For Sale

    This property is a shovel-ready project planned for townhome development. The lots are separately platted into 18 townhome lots with duplex approval. The lot sizes range from 6,300 to 8,500 square feet. There are 38 approved townhome units, allowing for a density of 8.44 dwelling units per acre. An existing design has been approved for townhomes of 2,235 square feet. Geotechnical work is complete.
    Location Intelligence

    Current Use by Public Records

    Price Transmissions Transmission Shop Los Dogos de ... Hot Dog Stand A-1 Firewood and Landscaping ... Masonry Contractor Bernalillo County Housing ... Housing Authority The Law Offices of Scott ... Divorce Lawyer

    Map

    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.663984
    Latitude
    35.069165

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    FAQs

    What type of property is this?
    Land - Shovel-ready land for townhome development with approved plans.
    Where is this land located?
    The property is located at Bridge Blvd SW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Shovel Ready Project: Immediate development potential.; - Approved for 38 Townhome Units: High-density development opportunity.; - Separately Platted to 18 Townhome Lots (Duplex Approved): Offering flexibility in development.
    (505) 337-0777
    Request Owner's contact information
    Bridge Blvd SW Albuquerque, NM 87105
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    Albuquerque, NM 87105
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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
    Bridge Blvd SW Albuquerque, NM 87105
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