Development-Ready Land For
For Lease
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40 98th St, Albuquerque, NM 87121
80 acres of land available for industrial, retail development.
Space SizeContact for details
Lot Size80.00 Acres
Days on Market1103
Property Features for 40 98th St
General Information
Standard status
Active
Lot size
80.00 Acres
Property subtype
Land
Building Details
Tenancy
Single
Listing Agency:
NAI Sun Vista
(505) 998-1656
Listed By:
Riley McKee · License #NM 50021AB
Source:
Crexi
Added: Aug 16, 2023
Changed: Aug 20
Last Checked: Aug 22 at 4:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Sun Vista
Investment Insights
Based on property information with market context.
This property offers approximately 80 acres of development-ready land suitable for build-to-suit projects, ground leases, or sale. The location is ideal for industrial, distribution, or retail users. A new speculative distribution warehouse is located within the business park. The property benefits from rapid access to I-40 and high visibility from both I-40 and 98th Street. Recent infrastructure improvements include the completion of Daytona Road. Wet and dry utilities are available. The property is located in a qualified Opportunity Zone, and economic development incentives are available. The IDO zoning is NR-BP, with permitted uses including light manufacturing, warehousing, distribution, and retail, as well as conditional-use drive-thrus.
Key Highlights
- Rapid access to I‑40
- Multiple tracts of development‑ready land ideal for industrial, distribution or retail users
- Located in qualified Opportunity Zone
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 87121, NM
77,802
Population
26,118
Households
3
Avg Household Size
31
Median Age
13%
College-Educated
80%
High-School Grad
336.9 sq mi
ZIP Area
231
Density / Sq Mi
$59,184
Median Household Income
$34,738
Median Earnings
$1,277
Median Rent
$192,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - 80 acres of land available for industrial, retail development.
Where is this industrial land located?
The property is located at 40 98th St Albuquerque, NM.
What are key features of this property?
This property features: Rapid access to I‑40; Multiple tracts of development‑ready land ideal for industrial, distribution or retail users; Located in qualified Opportunity Zone
