Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    9701 Volcano Rd Albuquerque, NM 87121

    For Sale
    $1,500,000

    Prime 5-acre commercial lot, ideal for retail or multifamily.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5-acre commercial land parcel is located at 9701 Volcano Rd NW in Albuquerque, New Mexico, zip code 87121. Zoned R-1B, it presents a unique opportunity for developers seeking a location in a rapidly growing and currently underserved trade area. The property's flat terrain and rough-graded condition simplify development, minimizing initial site preparation costs. Utilities are conveniently located in the street, streamlining the connection process. Full access is provided at the intersection of 98th Street and Volcano Road NW, ensuring excellent visibility and convenient access for both customers and construction vehicles. The asking price for this strategically positioned property is $1,500,000. Its proximity to existing retail developments makes it particularly attractive for businesses seeking a high-traffic location. This is an exceptional opportunity to acquire a sizable commercial lot in a thriving Albuquerque neighborhood, ready for immediate development into either multifamily housing or retail space. The property's size and zoning make it a versatile investment, suitable for a range of commercial projects.

    Property Features for 9701 Volcano Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • $1,500,000 asking price.
    • 5‑acre commercial land parcel.
    • R‑1B zoning.
    • Located at 9701 Volcano Rd NW, Albuquerque, NM 87121.
    • Suitable for multifamily or retail development.
    • Utilities available at street.
    Property Profile Insight Report 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
    -106.7410177
    Latitude
    35.0765759

    Nearby Similar for Sale

    • $1,375,000
      8,134 SF

      Historic Route 66 Ranch Home

      Historic Route 66 ranch home on 10.7 acres.
      24 Matisse Rd NE, Albuquerque, NM 87123
      View Details
    • $3,000,000
      2.04 Acres

      Historic Restaurant in Los Ranchos

      Long-standing New Mexican restaurant with full bar and spacious patios.
      8032 4Th St NW, Los Ranchos, NM 87114
      View Details
    • $610,000
      1,372 SF

      Turnkey Tri-Plex in Huning Highland

      Well-maintained triplex with income potential near Downtown, UNM, Nob Hill.
      508 Walter St SE, Albuquerque, NM 87102
      View Details
    • $3,330,000
      1.20 Acres

      Albuquerque Industrial Property For Sale

      Versatile multi-suite industrial property in a sought-after location.
      2105 Aztec Rd NE, Albuquerque, NM 87107
      View Details
    • $1,020,000
      0.46 Acres

      Mixed-Use Property Near Old Town

      Mixed-use property near downtown and historic Old Town Albuquerque.
      119 San Pasquale Ave SW, Albuquerque, NM 87104
      View Details
    • $1,600,000
      6,148 SF

      Modern Albuquerque Multifamily Investment

      Newer 6-unit building, strong income potential, and immediate cash flow.
      615 Iron Ave SW, Albuquerque, NM 87102
      View Details

    FAQs

    What type of property is this?
    Land - Prime 5-acre commercial lot, ideal for retail or multifamily.
    Where is this land located?
    The property is located at 9701 Volcano Rd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price.; 5-acre commercial land parcel.; R-1B zoning.
    Request Owner's contact information
    9701 Volcano Rd Albuquerque, NM 87121
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9701 Volcano Rd
    Albuquerque, NM 87121
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    9701 Volcano Rd Albuquerque, NM 87121
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.