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    Lang Ave NE Albuquerque, NM 87109

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    For Sale
    Contact for pricing

    Class A mixed-use retail development land in Albuquerque's heart.

    Lot size:
    1.50 Acres

    Property Features for Lang Ave NE

    General Information

    Lot size
    1.50 Acres

    Source: King Capital Commercial Real Estate Agent Clayton King

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

    Overview

    Albuquerque Mixed-Use Retail Development Land

    This commercial land is part of a Class A mixed-use retail development situated in the heart of Albuquerque. The Journal Center is designed as a live, work, and play destination. The location benefits from high visibility, being located near I-25 and Paseo Del Norte, with traffic exceeding 147,000 vehicles per day. It features a statewide draw due to its anchor tenant, Cabela’s, which is a top-performing location with 680,900 annual visits. The property is adjacent to the densely populated Northeast Heights residential area, characterized by high average incomes of $103,550. Multiple access points are available from both I-25 and Paseo.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.589711
    Latitude
    35.1727283

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    FAQs

    What type of property is this?
    Commercial land - Class A mixed-use retail development land in Albuquerque's heart.
    Where is this commercial land located?
    The property is located at Lang Ave NE Albuquerque, NM.
    What are key features of this property?
    This property features: - Premier mixed-use development offering a live, work, and play environment.; - High visibility location with over 147,000 vehicles per day.; - Anchored by a top-performing Cabela's location (12th in the nation) with 680.9K annual visits.
    (505) 263-8531
    Request Owner's contact information
    Lang Ave NE Albuquerque, NM 87109
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    Albuquerque, NM 87109
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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
    Lang Ave NE Albuquerque, NM 87109
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