Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Sage Rd Albuquerque, NM 87121

    For Sale
    $375,000

    Prime Albuquerque acreage, residential potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.96-acre parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located in Bernalillo County, zip code 87121, the property is zoned A-1 Rural Agricultural, offering flexibility for future development. The asking price is $375,000, translating to approximately $75,605 per acre. Situated near paved roads (San Ignacio Road and Sage Road), this land boasts convenient access to existing utilities. The property's strategic location makes it ideal for single-family residential development, though a rezoning process would be required to achieve higher density. Its attractive features include its status as a nice infill parcel and its adjacency to a Bernalillo County parcel zoned R-1, suggesting potential for future development synergy. Previously, this area was depicted in the City of Albuquerque Tower-unser Plan as Rd/R-1 under recommended zoning. This land offers significant potential for investors seeking a promising Albuquerque location with residential development possibilities. Detailed information regarding rezoning requirements and potential development scenarios is available upon request. The property's location offers a blend of rural tranquility and convenient access to urban amenities.

    Property Features for 0 Sage Rd

    General Information

    Property type
    Farms
    Lot Size
    216,058 SF

    HighLights

    • 4.96‑acre parcel in Albuquerque, NM (87121), priced at $375,000 ($75,605/acre).
    • Utilities available.
    • Excellent infill location; adjacent to R‑1 zoned parcel, offering potential for higher‑density rezoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.7221641
    Latitude
    35.0583307

    Nearby Similar for Sale

    • $1,375,000
      8,134 SF

      Historic Route 66 Ranch Home

      Historic Route 66 ranch home on 10.7 acres.
      24 Matisse Rd NE, Albuquerque, NM 87123
      View Details
    • $3,000,000
      2.04 Acres

      Historic Restaurant in Los Ranchos

      Long-standing New Mexican restaurant with full bar and spacious patios.
      8032 4Th St NW, Los Ranchos, NM 87114
      View Details
    • $610,000
      1,372 SF

      Turnkey Tri-Plex in Huning Highland

      Well-maintained triplex with income potential near Downtown, UNM, Nob Hill.
      508 Walter St SE, Albuquerque, NM 87102
      View Details
    • New
      $3,330,000
      1.20 Acres

      Albuquerque Industrial Property For Sale

      Versatile multi-suite industrial property in a sought-after location.
      2105 Aztec Rd NE, Albuquerque, NM 87107
      View Details
    • $1,020,000
      0.46 Acres

      Mixed-Use Property Near Old Town

      Mixed-use property near downtown and historic Old Town Albuquerque.
      119 San Pasquale Ave SW, Albuquerque, NM 87104
      View Details
    • $1,600,000
      6,148 SF

      Modern Albuquerque Multifamily Investment

      Newer 6-unit building, strong income potential, and immediate cash flow.
      615 Iron Ave SW, Albuquerque, NM 87102
      View Details

    FAQs

    What type of property is this?
    Farm - Prime Albuquerque acreage, residential potential.
    Where is this farm located?
    The property is located at Sage Rd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 4.96-acre parcel in Albuquerque, NM (87121), priced at $375,000 ($75,605/acre).; Utilities available.; Excellent infill location; adjacent to R-1 zoned parcel, offering potential for higher-density rezoning.
    Request Owner's contact information
    Sage Rd Albuquerque, NM 87121
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Sage Rd
    Albuquerque, NM 87121
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Sage Rd Albuquerque, NM 87121
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.