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    2820 Pura Vida Way Albuquerque, NM 87121

    Sponsored
    For Sale
    $596,000

    3.76-Acre RV & Boat Storage Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.76-acre commercial land parcel in Albuquerque, New Mexico, presents a unique development opportunity. Located at 2820 Pura Vida Way, this property boasts approved special use zoning (A-1 & C-N w SUP) from Bernalillo County for an RV and boat storage facility. The site's prime location on Coors Blvd ensures high visibility, with over 20,000 vehicles passing daily in 2022. The high demand is underscored by over 35,000 occupied residential units within a 3-mile radius, many in newer subdivisions that prohibit on-site RV/boat storage. This translates to significant investment potential, capitalizing on the growing popularity of recreational vehicles and boating. The property is offered fee simple with an APN of 1-011-055-039323-2-01-02 and is priced at $596,000. Easy access to major highways and transportation routes further enhances its appeal. This is a ready-to-develop site poised to meet the needs of a growing community and deliver a strong return on investment. Don't miss this chance to acquire this approved project site.

    Property Features for 2820 Pura Vida Way

    General Information

    Property type
    Land
    Lot Size
    163,786 SF

    HighLights

    • 3.76‑acre commercial land parcel in Albuquerque, NM, with approved Bernalillo County special use zoning (A‑1 & C‑N w SUP) for RV and boat storage.
    • Prime Coors Blvd location with over 20,000 vehicles passing daily, offering high visibility.
    • High demand: Over 35,000 residential units within a 3‑mile radius, many in newer subdivisions prohibiting on‑site RV/boat storage.
    • Excellent investment opportunity capitalizing on the growing RV and boating market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.7083789
    Latitude
    35.053064

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    FAQs

    What type of property is this?
    Land - 3.76-Acre RV & Boat Storage Site
    Where is this land located?
    The property is located at 2820 Pura Vida Way Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $596,000.
    What are key features of this property?
    This property features: 3.76-acre commercial land parcel in Albuquerque, NM, with approved Bernalillo County special use zoning (A-1 & C-N w SUP) for RV and boat storage.; Prime Coors Blvd location with over 20,000 vehicles passing daily, offering high visibility.; High demand: Over 35,000 residential units within a 3-mile radius, many in newer subdivisions prohibiting on-site RV/boat storage.
    Request Owner's contact information
    2820 Pura Vida Way 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
    2820 Pura Vida Way Albuquerque, NM 87121
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