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    40 Frontage Rd Albuquerque, NM 87121

    For Sale
    Contact for pricing

    Prime I-40 commercial land, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial and industrial land parcel, located in Albuquerque, New Mexico, offers unparalleled access and visibility from I-40 at Exit 149, Atrisco Vista Blvd. The property is zoned NR (Non-residential) and comprises a total of 10.75 acres, divisible into five tracts ranging from 0.98 to 2.96 acres. This thriving area boasts significant employment, with over 3,750 employees in nearby facilities including a major Amazon distribution center (2.77 million square feet), a FedEx Freight distribution facility (95,000 square feet), a Tempur-Pedic production facility (800,000 square feet), and a Shamrock Foods facility (201,000 square feet). The location benefits from strategic proximity to major transportation arteries, making it ideal for manufacturing, distribution, and travel-related businesses. Furthermore, the site is eligible for various New Mexico and Albuquerque economic incentives, including Opportunity Zone designation, Foreign Trade Zone status, New Mexico tax credits, the New Mexico Collateral Assistance Program (CAP), and the New Mexico Film Tax Credit. This presents a unique opportunity for investors and developers seeking a high-visibility location with substantial growth potential. The property is offered for sale by owner.

    Property Features for 40 Frontage Rd

    General Information

    Property type
    Land
    Lot Size
    42,689 SF

    HighLights

    • Prime commercial land, 0.98 to 10.75 acres, in Albuquerque, NM, near I‑40 and Atrisco Vista Blvd.
    • Non‑residential (NR) zoning.
    • For sale by owner.
    • Located near major distribution centers including Amazon and FedEx, offering excellent visibility and access from I‑40.
    • Eligible for various New Mexico economic incentives, including Opportunity Zone and Foreign Trade Zone benefits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Universal Shopping Shopping Mall

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.79293099407
    Latitude
    35.064964559138

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    FAQs

    What type of property is this?
    Land - Prime I-40 commercial land, excellent access.
    Where is this land located?
    The property is located at 40 Frontage Rd Albuquerque, NM.
    What are key features of this property?
    This property features: Prime commercial land, 0.98 to 10.75 acres, in Albuquerque, NM, near I-40 and Atrisco Vista Blvd.; Non-residential (NR) zoning.; For sale by owner.
    Request Owner's contact information
    40 Frontage Rd 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
    40 Frontage Rd Albuquerque, NM 87121
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