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    I-25 & Gibson Albuquerque Nm 87102 Albuquerque, NM 87102

    Sponsored
    For Sale
    $2,566,380

    Prime Albuquerque Commercial Land, 4.5 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 4.532-acre commercial land parcel boasts unparalleled visibility at the intersection of I-25 and Gibson Boulevard in Albuquerque, New Mexico. Zoned PD, this property offers significant development potential for a variety of uses, including storage facilities, hospitality ventures, or multifamily residential projects. The asking price is $2,566,380, translating to a land value of $13 per square foot. Its strategic location provides convenient access via the Gibson Boulevard interchange, ensuring high traffic exposure and easy accessibility for customers and employees. The property's proximity to key Albuquerque landmarks further enhances its desirability. These include Sunport International Airport, the University of New Mexico, Central New Mexico Community College, Kirtland Air Force Base, the VA Hospital, a DaVita Clinic, and Downtown Albuquerque. The site is immediately north of The View ABQ, a substantial 786-bed student housing complex, indicating a strong and growing surrounding community. This presents a unique opportunity to capitalize on Albuquerque's thriving economy and strategic location. The property's size and zoning flexibility make it an ideal investment for developers seeking a high-impact commercial project in a prime Albuquerque location. The zip code is 87102.

    Property Features for I-25 & Gibson Albuquerque Nm 87102

    General Information

    Property type
    Land
    Lot Size
    197,414 SF

    HighLights

    • $2,566,380 asking price for 4.532 acres of commercial land.
    • Located at the I‑25 & Gibson Blvd interchange in Albuquerque, NM.
    • PD zoning allows for various uses including storage, hospitality, and multifamily.
    • $13/SF land value.
    • High visibility and convenient access to major transportation routes, Sunport International Airport, UNM, CNM, Kirtland AFB, and downtown Albuquerque.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6376595988
    Latitude
    35.055745999334

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    FAQs

    What type of property is this?
    Land - Prime Albuquerque Commercial Land, 4.5 Acres
    Where is this land located?
    The property is located at I-25 & Gibson Albuquerque Nm 87102 Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $2,566,380.
    What are key features of this property?
    This property features: $2,566,380 asking price for 4.532 acres of commercial land.; Located at the I-25 & Gibson Blvd interchange in Albuquerque, NM.; PD zoning allows for various uses including storage, hospitality, and multifamily.
    (505) 228-8818
    Request Owner's contact information
    I-25 & Gibson Albuquerque Nm 87102 Albuquerque, NM 87102
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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

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    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
    I-25 & Gibson Albuquerque Nm 87102 Albuquerque, NM 87102
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