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    Dr & Atrisco Dr Albuquerque, NM 87120

    Sponsored
    For Sale
    $400,000

    Prime 1.02-acre lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.02-acre commercial land parcel is ideally situated at the northwest corner of St. Joseph's Drive NW and Atrisco Drive NW in Albuquerque, New Mexico, zip code 87120. Zoned MX-T, this property offers significant potential for a variety of commercial uses, particularly office or medical facilities. The asking price is $400,000, translating to a land value of $9 per square foot. Its location at a signalized intersection ensures high visibility and accessibility, making it an excellent choice for businesses seeking maximum exposure. The dense population in the primary service area guarantees a strong customer base. This hard corner lot provides full access, maximizing its development potential. This is a rare opportunity to acquire a strategically located commercial property in a thriving Albuquerque neighborhood. The property is located in Bernalillo County.

    Property Features for 0 Dr & Atrisco Dr

    General Information

    Property type
    Land
    Lot Size
    44,431 SF

    HighLights

    • Ideal site for office or medical uses.
    • High‑density population in the primary service area.
    • Hard corner lot with full access.
    • Signalized intersection providing high visibility and exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.70656302642
    Latitude
    35.127763267258

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    FAQs

    What type of property is this?
    Land - Prime 1.02-acre lot, high visibility.
    Where is this land located?
    The property is located at Dr & Atrisco Dr Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Ideal site for office or medical uses.; High-density population in the primary service area.; Hard corner lot with full access.
    Request Owner's contact information
    Dr & Atrisco Dr Albuquerque, NM 87120
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    Albuquerque, NM 87120
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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
    Dr & Atrisco Dr Albuquerque, NM 87120
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