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    9219 Broadway Blvd Albuquerque, NM 87105

    For Sale
    $1,630,000

    Prime Southeast Albuquerque industrial land, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 7.57-acre parcel presents a unique opportunity for industrial development in Albuquerque's thriving Southeast Valley. Located conveniently near the intersection of I-25 and Broadway Boulevard, this property boasts unparalleled visibility and accessibility. The land is zoned M-1, SU, Bernalillo County, and is completely graded, making it a construction-ready site. The asking price is $1,630,000, translating to approximately $4.95 per square foot. Existing infrastructure includes a three-phase, 480V electrical service already in place. Furthermore, a water well is currently on the site, with county approval for two additional wells. This property's strategic location offers easy access to major transportation arteries, including Interstate 25 (less than half a mile away) and Interstates 40 and 25 (a mere 13-minute drive). The site is situated just west of the Albuquerque Trap Club. For larger-scale projects, note that approximately 7.6 additional acres are available, totaling over 30 acres of potential development land. This presents a rare chance to acquire a well-positioned, fully prepared industrial site in a rapidly growing area of Albuquerque.

    Property Features for 9219 Broadway Blvd

    General Information

    Property type
    Land
    Lot Size
    329,749 SF

    HighLights

    • 7.57‑acre industrial land parcel for sale in Albuquerque, NM.
    • Asking price: $1,630,000.
    • Zoned M‑1, SU, Bernalillo County.
    • Features 3‑phase, 480V electrical service and a water well (with approval for two more).
    • Ready for construction; completely graded.
    • Excellent visibility, less than 0.5 miles from I‑25 & Broadway; 13 minutes from I‑40 & I‑25.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop HVAC Service Garden Center Cafe & Coffee Shop Convenience Store Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6662048
    Latitude
    34.9574613

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    FAQs

    What type of property is this?
    Land - Prime Southeast Albuquerque industrial land, ready to build.
    Where is this land located?
    The property is located at 9219 Broadway Blvd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,630,000.
    What are key features of this property?
    This property features: 7.57-acre industrial land parcel for sale in Albuquerque, NM.; Asking price: $1,630,000.; Zoned M-1, SU, Bernalillo County.
    Request Owner's contact information
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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
    9219 Broadway Blvd Albuquerque, NM 87105
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