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    University Blvd Albuquerque, NM 87106

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    For Sale
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    Albuquerque retail pads, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Three retail pads available for sale in Albuquerque's burgeoning Mesa del Sol community. These pads offer exceptional opportunities for businesses seeking a presence in a rapidly growing mixed-use development. Located conveniently near the Albuquerque Sunport, the properties benefit from proximity to major employers including Netflix ABQ Studios (with a planned 300-acre expansion), the University of New Mexico's Film & Digital Arts Department, the Isleta Amphitheater, and the New Mexico United multi-sport facilities. The area is experiencing significant residential growth, with an estimated 500-1000 residential lots projected to be developed by the end of 2024. The pads are zoned PC and offer varying lot sizes, providing flexibility for various retail concepts. Pad 1 encompasses 3.41 acres, Pad 2 offers 6.46 acres, and Pad 3 comprises 9.27 acres. All pads are demisable, allowing for customized development to suit individual business needs. This presents a unique investment opportunity in a thriving Albuquerque neighborhood poised for continued expansion and economic growth. The strategic location within Mesa del Sol, a master-planned community spanning 16,000 acres, ensures high visibility and accessibility for businesses. The area's vibrant atmosphere and strong community presence create an ideal environment for retail success. This is a rare chance to secure a prominent position in one of Albuquerque's most dynamic and promising commercial areas.

    Property Features for 0 University Blvd

    General Information

    Property type
    Lifestyle centers
    Lot Size
    148,540 SF

    Building Details

    Units
    3

    HighLights

    • Three retail pads available for sale in Albuquerque's Mesa del Sol master‑planned community.
    • Pads range from 3.41 to 9.27 acres and are demisable.
    • Located in a high‑growth area with nearby Netflix Studios, UNM Film & Digital Arts Department, and New Mexico United sports facilities.
    • Zoned PC.
    • Property is situated on University Blvd SE, Albuquerque, NM 87106.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Mexico Food ... Corporate Office Actoprobe LLC Manufacturer A I Arias & Associates Attorney Carpenter Stout: Stout ... Attorney APS Clothing Bank Charity

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.62144580762
    Latitude
    34.99395408849

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    FAQs

    What type of property is this?
    Lifestyle center - Albuquerque retail pads, prime location.
    Where is this lifestyle center located?
    The property is located at University Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: Three retail pads available for sale in Albuquerque's Mesa del Sol master-planned community.; Pads range from 3.41 to 9.27 acres and are demisable.; Located in a high-growth area with nearby Netflix Studios, UNM Film & Digital Arts Department, and New Mexico United sports facilities.
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    University Blvd Albuquerque, NM 87106
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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
    University Blvd Albuquerque, NM 87106
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