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    I-40 & Rio Puerco Rd Albuquerque, NM 87121

    For Sale
    $572,271

    25 Acres, High Visibility, M-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 25-acre commercial and industrial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Strategically located at the intersection of I-40 and Rio Puerco Road, this property boasts unparalleled visibility for businesses seeking high traffic exposure. The M-1 zoning allows for a wide range of commercial and industrial uses, making it ideal for various development projects. Its prime location at the western entrance to the Albuquerque metro area offers easy access to major transportation routes and a large potential customer base. The site's proximity to the Route 66 Casino and the Rio Puerco further enhances its appeal. While currently lacking paved access, the high visibility makes it an excellent location for ventures such as an RV park or motel, or other businesses that can benefit from interstate exposure once access is improved. The property is situated within a HUB Zone, potentially offering additional economic incentives for qualified businesses. The asking price for this significant land parcel is $572,271. This presents a rare chance to acquire a substantial tract of land with exceptional potential in a rapidly growing area. The 87121 zip code ensures convenient access to local amenities and services. Detailed site plans and zoning information are available upon request. Don't miss this opportunity to secure a prime location for your next venture.

    Property Features for I-40 & Rio Puerco Rd

    General Information

    Property type
    Land
    Lot Size
    1,089,000 SF

    HighLights

    • $572,271 asking price.
    • 25‑acre land parcel.
    • M‑1 zoning.
    • Located in Albuquerque, NM, at I‑40 & Rio Puerco Rd (zip code 87121).
    • Exceptional I‑40 visibility; suitable for development such as an RV park or motel.
    • Situated near Route 66 Casino and Rio Puerco; located in a HUB Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.9013037
    Latitude
    35.0420553

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    FAQs

    What type of property is this?
    Land - 25 Acres, High Visibility, M-1 Zoning
    Where is this land located?
    The property is located at I-40 & Rio Puerco Rd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $572,271.
    What are key features of this property?
    This property features: $572,271 asking price.; 25-acre land parcel.; M-1 zoning.
    Request Owner's contact information
    I-40 & Rio Puerco Rd Albuquerque, NM 87121
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    Albuquerque, NM 87121
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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
    I-40 & Rio Puerco Rd Albuquerque, NM 87121
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