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    I-40 St/Arroyo Vis Blvd Albuquerque, NM 87120

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    For Sale
    Contact for pricing

    Prime 20-acre commercial lot, A-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 20.426-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Strategically located at the intersection of I-40 and 98th Street/Arroyo Vista Boulevard, this property boasts unparalleled visibility to westbound I-40 traffic. The land is zoned A-1 within Bernalillo County, offering significant development potential. Its proximity to a proposed Presbyterian Hospital and Town Plaza site ensures future growth and increased property value. The site benefits from readily available wet utilities in the immediate vicinity, simplifying infrastructure development. This long-held family property comes with the added advantage of seller cooperation throughout the entitlement process, streamlining the path to project realization. The substantial acreage and prime location make this an ideal site for a variety of commercial ventures, capitalizing on the area's burgeoning growth and high traffic volume. This is a rare opportunity to acquire a large, well-situated parcel in a rapidly developing area of Albuquerque. The property's size and zoning provide flexibility for a wide range of commercial developments. The seller's commitment to assisting with entitlements further enhances the attractiveness of this exceptional investment.

    Property Features for I-40 St/Arroyo Vis Blvd

    General Information

    Property type
    Land
    Lot Size
    889,757 SF

    HighLights

    • 20.426‑acre commercial land parcel in Albuquerque, NM.
    • Unparalleled visibility to westbound I‑40 traffic at I‑40 and 98th Street/Arroyo Vista Boulevard.
    • Bernalillo County A‑1 zoning allows significant development potential.
    • Proximity to a proposed Presbyterian Hospital and Town Plaza ensures future value appreciation.
    • Readily available wet utilities simplify infrastructure development.
    • Seller cooperation during the entitlement process.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    New Mexico
    State
    New Mexico
    Longitude
    -106.7471008
    Latitude
    35.0868596

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    FAQs

    What type of property is this?
    Land - Prime 20-acre commercial lot, A-1 zoning.
    Where is this land located?
    The property is located at I-40 St/Arroyo Vis Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: 20.426-acre commercial land parcel in Albuquerque, NM.; Unparalleled visibility to westbound I-40 traffic at I-40 and 98th Street/Arroyo Vista Boulevard.; Bernalillo County A-1 zoning allows significant development potential.
    (505) 878-0009
    Request Owner's contact information
    I-40 St/Arroyo Vis Blvd Albuquerque, NM 87120
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    Albuquerque, NM 87120
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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
    I-40 St/Arroyo Vis Blvd Albuquerque, NM 87120
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