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    Brg Blvd & Old Coors Rd Albuquerque, NM 87121

    For Sale
    $1,247,558

    3.58 Acres, High Traffic, MX-L Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.58-acre commercial land parcel presents a remarkable investment opportunity in Albuquerque, New Mexico. Located at the high-traffic intersection of Bridge Boulevard and Old Coors Road SW (zip code 87121), this property boasts a strategic position within a densely populated and underserved retail trade area. The site benefits from approximately 24,700 combined vehicles daily traversing Bridge Boulevard and Old Coors Road, ensuring significant visibility and accessibility for any retail development. The property is zoned MX-L, providing flexibility for a variety of commercial uses. All utilities are conveniently located on-site, simplifying development and reducing infrastructure costs. The expansive lot size offers ample space for a substantial retail project, and the dual-street access provides exceptional convenience for customers and employees. This location is ideal for retail owner/operators seeking a high-visibility site with significant growth potential. Furthermore, there are no use restrictions imposed by adjacent businesses, allowing for maximum flexibility in development plans. This is a rare opportunity to acquire a prime commercial land parcel in a thriving Albuquerque market. The asking price is $1,247,558.

    Property Features for 0 Brg Blvd & Old Coors Rd

    General Information

    Property type
    Land
    Lot Size
    155,945 SF

    HighLights

    • $1,247,558 asking price.
    • 3.58‑acre commercial land parcel.
    • MX‑L zoning.
    • Located at Bridge Blvd & Old Coors Rd SW, Albuquerque, NM 87121.
    • High traffic count (approx. 24,700 vehicles daily).
    • Underserved retail trade area with high population density.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.7168683
    Latitude
    35.0707797

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    FAQs

    What type of property is this?
    Land - 3.58 Acres, High Traffic, MX-L Zoning
    Where is this land located?
    The property is located at Brg Blvd & Old Coors Rd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,247,558.
    What are key features of this property?
    This property features: $1,247,558 asking price.; 3.58-acre commercial land parcel.; MX-L zoning.
    (505) 878-0001
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    Brg Blvd & Old Coors Rd 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
    Brg Blvd & Old Coors Rd Albuquerque, NM 87121
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