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    10307 Central Ave Albuquerque, NM 87121

    For Sale
    $3,000,000

    Albuquerque industrial land, owner financing.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents 10 acres of M-1 zoned land in Albuquerque, New Mexico, strategically located on Central Avenue and Blessed Street. The property comprises two 5-acre parcels, each offering convenient access and significant development potential for various industrial uses. The parcel situated off Blessed Street boasts three convenient ingress/egress points via Central Avenue, Volcano Road, and Blessed Street itself, while the Central Avenue parcel provides access from Central Avenue and Volcano Road. Central Avenue experiences high traffic volume, exceeding 30,000 vehicles daily, ensuring exceptional visibility and accessibility for any future development. Utilities are readily available, with water, gas, and sewer connections accessible at street level, and power lines already traversing the property. The asking price is $3,000,000, with owner financing available. The property's APN is 100805636852210705. This below-market-priced land presents a compelling opportunity for investors seeking a prime location with excellent infrastructure and high visibility in a thriving Albuquerque market. The land is situated in Bernalillo County, New Mexico, with a zip code of 87121. The land value is $6.88 per square foot.

    Property Features for 10307 Central Ave

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • Below‑market price of $3,000,000 with owner financing available.
    • 10 acres (two 5‑acre parcels) of M‑1 zoned land.
    • High visibility location on Central Avenue in Albuquerque, NM (87121), with over 30,000 vehicles per day.
    • Utilities readily available (water, gas, sewer, power).
    • Multiple ingress/egress points from Central Avenue, Volcano Road, and Blessed Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.7505669
    Latitude
    35.0719126

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    FAQs

    What type of property is this?
    Land - Albuquerque industrial land, owner financing.
    Where is this land located?
    The property is located at 10307 Central Ave Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Below-market price of $3,000,000 with owner financing available.; 10 acres (two 5-acre parcels) of M-1 zoned land.; High visibility location on Central Avenue in Albuquerque, NM (87121), with over 30,000 vehicles per day.
    (505) 448-0592
    Request Owner's contact information
    10307 Central Ave Albuquerque, NM 87121
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    Albuquerque, NM 87121
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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
    10307 Central Ave Albuquerque, NM 87121
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