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    12403 Central Ave Albuquerque, NM 87121

    For Sale
    $880,000

    Prime 10-acre industrial site in Albuquerque, NM.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 9.998-acre industrial land parcel, located at 12403 Central Ave NW, Albuquerque, NM 87121, presents a compelling investment opportunity within Bernalillo County's thriving west Albuquerque industrial hub. Zoned C-LI County, this property boasts convenient access to major transportation arteries, situated between I-40 exits at Atrisco Vista and 98th Street, offering two-turn access to I-40 from both exits. The site benefits from existing infrastructure, including sewer lines in the street, a well providing water at 700 feet, and city water access at 114th Street. Electric and fiber optic connectivity are readily available. This location enjoys high visibility on Central Avenue (Route 66), experiencing a daily traffic volume of 10,400 vehicles. Its proximity to the West Central Route 66 Visitor Center further enhances its appeal. The asking price is $880,000, translating to $88,012 per acre. Owner financing is available, making this an attractive proposition for developers and investors seeking a strategic foothold in Albuquerque's expanding industrial market. The property's strategic location, robust infrastructure, and high visibility combine to create a compelling investment opportunity.

    Property Features for 12403 Central Ave

    General Information

    Property type
    Land
    Lot Size
    435,513 SF

    HighLights

    • Excellent I‑40 access between 98th Street and Atrisco Vista exits.
    • One mile east of Atrisco Vista Boulevard.
    • Situated in Albuquerque's expanding Westside industrial area.
    • Sewer available; well water at 700 feet; city water at 114th Street.
    • On‑site electric and fiber optic service.
    • Owner financing offered.
    Property Profile Location Intelligence

    Current Use by Public Records

    El Paso Natural ... Gas Company

    Suggested Use

    Restaurant Auto Repair Shop Gym & Fitness Auto Parts Store Department Store Discount Store Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.76675250119
    Latitude
    35.067293180659

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    FAQs

    What type of property is this?
    Land - Prime 10-acre industrial site in Albuquerque, NM.
    Where is this land located?
    The property is located at 12403 Central Ave Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $880,000.
    What are key features of this property?
    This property features: Excellent I-40 access between 98th Street and Atrisco Vista exits.; One mile east of Atrisco Vista Boulevard.; Situated in Albuquerque's expanding Westside industrial area.
    Request Owner's contact information
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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
    12403 Central Ave Albuquerque, NM 87121
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