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    Nw & Unser Blvd Albuquerque, NM 87114

    For Sale
    $4,500,000

    High-visibility corner lot, ideal development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 13.35-acre commercial land parcel presents a prime investment opportunity in Albuquerque, New Mexico. Strategically located at the high-traffic southeast corner of Paradise Blvd NW and Unser Blvd NW, this property boasts unparalleled visibility and accessibility. The site is divided into multiple lots, offering flexibility for various development scenarios. Lot 1, encompassing approximately 5.52 acres, is zoned NR-C (Commercial), while Lots 2-6, totaling approximately 6.87 acres, are zoned MX-M (Moderate Intensity). This zoning allows for a wide range of commercial uses, making it suitable for a variety of projects. The asking price for the entire 13.35-acre tract is $4,500,000. However, the seller is open to considering alternative purchase options, including the purchase of individual tracts. Tract 1 (5.52 acres) is priced at $2,500,000, while Tracts 2-6 (6.87 acres) are offered at $2,000,000. A smaller, 1-acre portion of Tract 1 is also available for $1,250,000. This prime location in the rapidly growing Albuquerque West Side offers significant potential for substantial returns. The property's high visibility and flexible zoning make it an attractive investment for developers seeking a strategic foothold in a thriving market. The 87114 zip code ensures easy access to major transportation arteries and a robust consumer base. Don't miss this chance to acquire a highly desirable commercial property in a prime Albuquerque location.

    Property Features for 0 Nw & Unser Blvd

    General Information

    Property type
    Land
    Lot Size
    581,526 SF

    HighLights

    • Southeast corner of Paradise Blvd NW & Unser Blvd NW
    • 13.35± acres total; Lot 1: 5.52± acres; Lots 2‑6: 6.87± acres
    • Lot 1 zoned NR‑C (Commercial); Lots 2‑6 zoned MX‑M (Moderate Intensity). Seller financing available.
    • Pricing: Lot 1 (1 acre): $1,250,000; Lot 1 (5.52 acres): $2,500,000; Lots 2‑6 (6.87 acres): $2,000,000; Entire tract (13.35 acres): $4,500,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.70319633359
    Latitude
    35.196385460289

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    FAQs

    What type of property is this?
    Land - High-visibility corner lot, ideal development.
    Where is this land located?
    The property is located at Nw & Unser Blvd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Southeast corner of Paradise Blvd NW & Unser Blvd NW; 13.35± acres total; Lot 1: 5.52± acres; Lots 2-6: 6.87± acres; Lot 1 zoned NR-C (Commercial); Lots 2-6 zoned MX-M (Moderate Intensity). Seller financing available.
    (505) 831-3333
    Request Owner's contact information
    Nw & Unser Blvd Albuquerque, NM 87114
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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
    Nw & Unser Blvd Albuquerque, NM 87114
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