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    Desiderio Rd Albuquerque, NM 87105

    Sponsored
    For Sale
    $2,660,000

    40 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 40.33-acre property in Albuquerque, New Mexico, presents a unique investment opportunity. Southern Manor Estates comprises 38 platted lots, ideally situated near the intersection of I-25 and Isleta Boulevard in the rapidly expanding South Valley. The land boasts a prime location adjacent to the Rio Grande River and the bosque, offering a tranquil yet accessible setting. The lots are flat and level, making them ideal for residential development. City utilities are available to the subdivision (buyer to verify). Two convenient access points enhance accessibility. This development opportunity is further enhanced by the seller's willingness to consider seller financing, making it an attractive proposition for investors. The property is located in Bernalillo County, New Mexico, with a zip code of 87105, and is easily accessible from Interstate 25. The South Valley's robust growth makes this a particularly compelling investment, promising significant returns. This is a rare chance to acquire a substantial parcel of land in a desirable location with excellent potential for future development. The address is Desiderio Rd SW, Albuquerque, NM. The asking price for this remarkable property is $2,660,000.

    Property Features for 0 Desiderio Rd

    General Information

    Property type
    Farms
    Lot Size
    1,756,775 SF

    HighLights

    • 38 platted lots on ±40.33 acres in Albuquerque, NM.
    • Northeast quadrant of I‑25 and Isleta Blvd.
    • City utilities available (buyer to verify).
    • Level lots ideal for residential development.
    • Seller financing may be considered.
    • Premier South Valley location, adjacent to the Rio Grande River and bosque, with easy I‑25 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.691915
    Latitude
    34.958307

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    FAQs

    What type of property is this?
    Farm - 40 Acres, Prime Development Opportunity
    Where is this farm located?
    The property is located at Desiderio Rd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $2,660,000.
    What are key features of this property?
    This property features: 38 platted lots on ±40.33 acres in Albuquerque, NM.; Northeast quadrant of I-25 and Isleta Blvd.; City utilities available (buyer to verify).
    Request Owner's contact information
    Desiderio Rd 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

    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
    Desiderio Rd Albuquerque, NM 87105
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