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    Se & Gibson Blvd Albuquerque, NM 87106

    For Sale
    $826,486

    1.26-acre commercial lot, prime Albuquerque location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.26-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located at the intersection of Yale Blvd SE and Gibson Blvd SE, this property boasts convenient access to Interstate I-25, placing it within easy reach of major employment centers and transportation arteries. Its strategic location near Albuquerque International Airport, Kirtland Air Force Base, Sandia National Laboratories, and the University of New Mexico ensures high visibility and strong potential for future growth. The property benefits from its proximity to thriving retail developments, including the recently constructed Raising Cane's, Starbucks, Dutch Bros, Whataburger, and Del Taco, as well as established restaurants such as Dion's, Chick-fil-A, Chili's, Buffalo Wild Wings, and Blake's Lotaburger. The site is zoned MX-M (moderate intensity), allowing for a variety of uses, including retail with drive-thru capabilities and medium-density mixed-use development. The asking price is $826,486, with a land value of $15 per square foot. This property is situated in Bernalillo County, New Mexico, zip code 87106. The site's proximity to the new Max Q and Lobo Crossing developments further enhances its appeal and investment potential. This is an ideal location for businesses seeking high visibility and access to a large, diverse customer base.

    Property Features for 0 Se & Gibson Blvd

    General Information

    Property type
    Land
    Lot Size
    54,886 SF

    HighLights

    • MX‑M zoned land near Albuquerque's Airport Submarket.
    • Proximity to major employers: ABQ Sunport, Kirtland AFB, Sandia Labs, and UNM.
    • High‑traffic retail area with recent additions like Raising Cane's, Starbucks, Dutch Bros, Whataburger, and Del Taco.
    • Zoning permits retail with drive‑thrus and medium‑density mixed‑use multifamily development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6221037
    Latitude
    35.0585155

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    FAQs

    What type of property is this?
    Land - 1.26-acre commercial lot, prime Albuquerque location.
    Where is this land located?
    The property is located at Se & Gibson Blvd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $826,486.
    What are key features of this property?
    This property features: MX-M zoned land near Albuquerque's Airport Submarket.; Proximity to major employers: ABQ Sunport, Kirtland AFB, Sandia Labs, and UNM.; High-traffic retail area with recent additions like Raising Cane's, Starbucks, Dutch Bros, Whataburger, and Del Taco.
    (505) 337-0777
    Request Owner's contact information
    Se & Gibson Blvd Albuquerque, NM 87106
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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
    Se & Gibson Blvd Albuquerque, NM 87106
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