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    113 Eubank Blvd Albuquerque, NM 87123

    Sponsored
    For Sale
    $1,700,000

    Prime 1.58-Acre Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.58-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located at 113 Eubank Blvd NE, 87123, this property boasts a highly desirable MX-H zoning designation, making it ideal for a variety of retail developments. The site benefits from exceptional visibility, with exposure to an average daily traffic count of 33,000 vehicles on Eubank Boulevard. Its strategic location offers unparalleled access to a substantial workforce, situated just one mile north of Sandia National Labs (over 16,500 employees) and two miles north of Kirtland Air Force Base (over 23,000 employees). Furthermore, its proximity to Interstate 40 (less than one mile south) ensures convenient access for customers and employees. The property features full access from Eubank Blvd and allows for the installation of large pylon signage, providing excellent branding opportunities for future businesses. Priced at $1,700,000, this Albuquerque retail pad site represents a compelling investment in a high-traffic, high-growth area. Don't miss this chance to secure a prime location in a thriving commercial corridor.

    Property Features for 113 Eubank Blvd

    General Information

    Property type
    Land
    Lot Size
    68,825 SF

    HighLights

    • Prime location, one mile north of Sandia National Labs (16,500+ employees) and two miles north of Kirtland AFB (23,000+ employees).
    • High visibility to 33,000 vehicles per day (VPD).
    • Excellent access from Eubank Boulevard.
    • Large pylon signage opportunity on Eubank Boulevard.
    • Less than one mile south of I‑40.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.5327183
    Latitude
    35.07319

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    FAQs

    What type of property is this?
    Land - Prime 1.58-Acre Commercial Land
    Where is this land located?
    The property is located at 113 Eubank Blvd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Prime location, one mile north of Sandia National Labs (16,500+ employees) and two miles north of Kirtland AFB (23,000+ employees).; High visibility to 33,000 vehicles per day (VPD).; Excellent access from Eubank Boulevard.
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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
    113 Eubank Blvd Albuquerque, NM 87123
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