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    7 Seven Bar Loop Rd Albuquerque, NM 87114

    Sponsored
    For Sale
    $938,000

    Prime 1.54-acre commercial lot. High traffic, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.54-acre commercial land parcel presents a remarkable investment opportunity in Albuquerque, New Mexico. Located at 7 Bar Loop Rd NW, 87114, this property boasts a highly desirable location directly across from "Restaurant Row" at Cottonwood Mall, ensuring exceptional visibility and accessibility. The site benefits from its position within a high-traffic corridor, experiencing approximately 48,000 cars daily, guaranteeing significant exposure for any commercial development. Coors Blvd. frontage provides further enhanced visibility. The surrounding area is characterized by a thriving mix of top-performing national restaurants, stores, and shopping centers, creating a robust and established commercial environment. This location also serves a dense residential population and is conveniently situated near schools, contributing to a strong and consistent customer base. The area demonstrates a high average household income of $112,868 within a 3-mile radius, indicating significant purchasing power. Multiple access points to the property ensure convenient ingress and egress. Utilities are readily available on-site, simplifying the development process. The property is zoned MX-, providing flexibility for a variety of commercial uses. This prime location and its advantageous features make this 1.54-acre lot an exceptional opportunity for investors seeking high-impact commercial development in a thriving Albuquerque market.

    Property Features for 7 Seven Bar Loop Rd

    General Information

    Property type
    Land
    Lot Size
    67,082 SF

    HighLights

    • $938,000 asking price.
    • 1.54‑acre commercial land parcel.
    • MX- zoning.
    • Located in Albuquerque, NM, at 7 Bar Loop Rd NW, 87114, in the Cottonwood Trade Area across from "Restaurant Row" at Cottonwood Mall.
    • High‑traffic location (48,000 cars/day) with Coors Blvd. frontage and excellent visibility.
    • Surrounded by successful national restaurants and retail, serving a dense residential area with schools and high average household income ($112,868 within 3 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6612377
    Latitude
    35.2014631

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    FAQs

    What type of property is this?
    Land - Prime 1.54-acre commercial lot. High traffic, excellent visibility.
    Where is this land located?
    The property is located at 7 Seven Bar Loop Rd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $938,000.
    What are key features of this property?
    This property features: $938,000 asking price.; 1.54-acre commercial land parcel.; MX- zoning.
    Request Owner's contact information
    7 Seven Bar Loop Rd Albuquerque, NM 87114
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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
    7 Seven Bar Loop Rd Albuquerque, NM 87114
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