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    3615 Nm-528 Albuquerque, NM 87114

    For Lease
    Contact for pricing

    2.97 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.97-acre commercial land parcel presents a unique investment opportunity in Bernalillo County. Zoned NR-BP (Business Park), this property offers significant potential for development, boasting excellent visibility and accessibility. The site features a single-tenant zoning designation, allowing for a variety of commercial uses. Its strategic location along NM-528 ensures high traffic volume and exposure, placing your business amongst established and successful national retailers. Co-tenants include a diverse mix of popular businesses such as Dutch Bros Coffee, Barnes & Noble, Michael's, Applebee's, Mister Car Wash, Discount Tire, Midas, O'Reilly Auto Parts, Panda Express, Mattress Firm, and Circle K, creating a strong and vibrant commercial environment. The property includes full city utilities and a paved access area, simplifying development and reducing upfront costs. Drive-thru capabilities and liquor permissibility further enhance the potential for a wide range of businesses. The convenient right-in/right-out access ensures ease of ingress and egress for customers and employees. With its prime location, desirable zoning, and existing infrastructure, this parcel represents a compelling opportunity for investors and developers seeking a high-impact commercial investment in a thriving area. The APN is 101406615023620114.

    Property Features for 3615 Nm-528

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 2.97‑acre commercial land parcel in Bernalillo County.
    • Single‑tenant zoning.
    • NR‑BP (Business Park) zoning allows for drive‑thru and liquor sales.
    • Full access and right‑in/right‑out access available.
    • Pads will include city utilities and paved access.
    • Strong co‑tenancy including Dutch Bros, Barnes & Noble, and other national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.65157
    Latitude
    35.2102537

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    FAQs

    What type of property is this?
    Land - 2.97 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 3615 Nm-528 Albuquerque, NM.
    What are key features of this property?
    This property features: 2.97-acre commercial land parcel in Bernalillo County.; Single-tenant zoning.; NR-BP (Business Park) zoning allows for drive-thru and liquor sales.
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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
    3615 Nm-528 Albuquerque, NM 87114
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