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    9525 Central Ave Albuquerque, NM 87121

    For Lease
    $0.50 SF/Yr

    6.2-Acre Lot, Excellent Zoning

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6.2-acre commercial land parcel, located at 9525 Central Ave NW in Albuquerque, New Mexico, presents a unique investment opportunity. Situated in the desirable West Mesa submarket, this single-tenant property boasts 815 feet of frontage on Volcano. Currently zoned NR-BP, this lot offers significant potential for a variety of uses. While the total building square footage is currently listed as 1 square foot, this is a land sale and the existing structures are not significant. The property requires subdivision if sold as a single 6.2-acre parcel. The seller is open to exploring both sale and lease options. Potential uses include large storage yards, or development projects. The owner is also willing to collaborate with buyers or developers on variances and zoning changes to accommodate more creative uses, such as multi-family developments. This property is part of a larger 9.1-acre parcel, offering potential for expansion or joint ventures. The property's prime location in Bernalillo County, with its convenient access to major transportation routes, makes it an attractive proposition for businesses seeking a strategic foothold in the Albuquerque market. The zip code is 87121. Serious inquiries are encouraged.

    Property Features for 9525 Central Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF
    Total Rate
    0.04

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF
    Rate per SF
    $0.50

    HighLights

    • 6.2‑acre NR‑BP zoned land parcel in Albuquerque, NM (87121).
    • Surrounded by new retail and industrial development.
    • Adjacent to new multi‑family and single‑family residential construction.
    • Located in a Qualified Opportunity Zone (QOZ), eligible for LIHTC incentives.
    • 815 feet of frontage on Volcano Road, with potential access from Central Avenue.
    • Proximity to major employers including Amazon, Array Technologies, and Ben E. Keith.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Route 66 Garage Auto Repair Shop

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.740564
    Latitude
    35.0741293

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    FAQs

    What type of property is this?
    Land - 6.2-Acre Lot, Excellent Zoning
    Where is this land located?
    The property is located at 9525 Central Ave Albuquerque, NM.
    What is the lease rate?
    The lease rate is $0.50 SF/Yr.
    What are key features of this property?
    This property features: 6.2-acre NR-BP zoned land parcel in Albuquerque, NM (87121).; Surrounded by new retail and industrial development.; Adjacent to new multi-family and single-family residential construction.
    Request Owner's contact information
    9525 Central Ave Albuquerque, NM 87121
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    Albuquerque, NM 87121
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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
    9525 Central Ave Albuquerque, NM 87121
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