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    NEC & SEC Corners Broadway Blvd & Rio Bravo Blvd Albuquerque, NM 87105

    Sponsored
    For Sale
    Contact for pricing

    High-traffic corner lot, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.38-acre commercial land parcel presents a prime investment opportunity in Albuquerque, New Mexico. Situated at the highly visible intersection of Broadway Blvd and Rio Bravo Blvd (Northeast and Southeast corners), this property boasts a hard corner location with full signalized access, ensuring maximum visibility and accessibility for potential businesses. The site benefits from its strategic location within a vastly underserved retail trade area, serving the substantial South Valley population of 125,000 residents and a significant daytime employment base. The property's high traffic count is further enhanced by its proximity to the Rail Runner Station, a commuter rail system, and a newly constructed Circle K convenience store directly across the street. With 34,400 cars passing daily on Rio Bravo Blvd alone, this location offers unparalleled exposure. The property is also designated as a HUBZone, providing potential access to federal contracting opportunities. The APN is 101405335439610404. This exceptional location in Bernalillo County, Albuquerque, NM 87105 (latitude 35.0253152, longitude -106.6466127) offers significant potential for a variety of commercial developments. The property's size and location make it an attractive proposition for businesses seeking high visibility and accessibility within a growing market.

    Property Features for NEC & SEC Corners Broadway Blvd & Rio Bravo Blvd

    General Information

    Property type
    Land
    Lot Size
    60,113 SF

    HighLights

    • 1.38‑acre commercial land parcel in Albuquerque, NM.
    • Located at the hard corner of Broadway Blvd & Rio Bravo Blvd (NEC & SEC).
    • High‑traffic location (34,400 CPD on Rio Bravo Blvd) with full signalized access.
    • Serves a vastly underserved retail trade area with a large daytime population (125,000 in South Valley).
    • Located near a Rail Runner Station and a new Circle K, in a HUBZone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6466127
    Latitude
    35.0253152

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal for retail.
    Where is this land located?
    The property is located at NEC & SEC Corners Broadway Blvd & Rio Bravo Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: 1.38-acre commercial land parcel in Albuquerque, NM.; Located at the hard corner of Broadway Blvd & Rio Bravo Blvd (NEC & SEC).; High-traffic location (34,400 CPD on Rio Bravo Blvd) with full signalized access.
    Request Owner's contact information
    NEC & SEC Corners Broadway Blvd & Rio Bravo Blvd Albuquerque, NM 87105
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    Albuquerque, NM 87105
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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
    NEC & SEC Corners Broadway Blvd & Rio Bravo Blvd Albuquerque, NM 87105
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