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    Swc Interstate 40 & Unser Blvd Albuquerque, NM 87121

    For Sale
    $16,209,983

    37.4 Acres, I-40 & Unser Blvd

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 37.4-acre commercial land parcel is strategically located at the southwest corner of Interstate 40 and Unser Boulevard in Albuquerque, New Mexico, zip code 87121, Bernalillo County. The property is zoned NR-BP (Non-Residential Business Park) by the City of Albuquerque, offering significant development potential. Priced at $16,209,983, or $9.95 per square foot, this site boasts excellent visibility from Unser Boulevard and unparalleled access to major transportation arteries. Daytona Road bisects the property, providing convenient internal access and connection to Unser Boulevard and 98th Street. Existing trunk infrastructure along Daytona Road further enhances development opportunities. The location offers immediate adjacency to Interstate 40 and is a mere six minutes from Interstate 25 via the Big I Interchange, providing seamless connectivity to the broader regional network. The seller is open to subdividing the land to accommodate various development needs. Furthermore, economic development incentives may be available, making this a compelling investment opportunity. This high-profile location offers exceptional visibility and accessibility, making it ideal for a wide range of commercial ventures.

    Property Features for 0 Swc Interstate 40 & Unser Blvd

    General Information

    Property type
    Land
    Lot Size
    1,629,144 SF

    HighLights

    • 37.4± Acres
    • Seller will consider subdividing
    • $9.95/sq. ft. sale price
    • Daytona Road access connecting Unser Blvd. and 98th St.
    • Existing trunk infrastructure along Daytona Road
    • NR‑BP (Non‑Residential Business Park) zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.8985175
    Latitude
    35.0426935

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    FAQs

    What type of property is this?
    Land - 37.4 Acres, I-40 & Unser Blvd
    Where is this land located?
    The property is located at Swc Interstate 40 & Unser Blvd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $16,209,983.
    What are key features of this property?
    This property features: 37.4± Acres; Seller will consider subdividing; $9.95/sq. ft. sale price
    Request Owner's contact information
    Swc Interstate 40 & Unser Blvd 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
    Swc Interstate 40 & Unser Blvd Albuquerque, NM 87121
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