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    109 Juan Tabo Blvd Albuquerque, NM 87123

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    For Lease
    Contact for pricing

    1 Acre, High-Traffic Location, MX-H Zoning

    Lot size:
    23,522 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial land parcel presents a unique investment opportunity on Juan Tabo Boulevard NE in Bernalillo County. The property boasts a highly desirable MX-H zoning designation, opening doors to a wide array of retail development possibilities. Its strategic location offers unparalleled visibility and accessibility, with over 30,000 vehicles passing daily on Juan Tabo Boulevard. This high-traffic count ensures significant exposure for any future business established on the site. Furthermore, the property's proximity to Interstate 40 (less than half a mile) provides convenient access for customers and employees alike, enhancing its overall appeal and potential for success. The area is experiencing robust redevelopment activity, indicating a strong and growing market. This single-tenant property is ideal for developers seeking a prime location to capitalize on the burgeoning commercial landscape of this vibrant area. The substantial daily traffic volume, combined with the flexible zoning and convenient access to major transportation arteries, makes this a truly exceptional opportunity for investors and developers seeking a high-impact commercial investment. This is a rare chance to acquire a strategically located parcel in a rapidly developing area with significant growth potential.

    Property Features for 109 Juan Tabo Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,522 SF

    Unit(s) available at that property

    Space
    Size
    23,522 SF

    HighLights

    • 109 Juan Tabo Blvd NE, Albuquerque, NM: One‑acre commercial land parcel.
    • MX‑H zoning permits diverse retail uses.
    • High traffic location on Juan Tabo Blvd, exceeding 30,000 cars daily.
    • Less than 0.5 miles from I‑40.
    • Strong redevelopment potential in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.5156368
    Latitude
    35.07089

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    FAQs

    What type of property is this?
    Land - 1 Acre, High-Traffic Location, MX-H Zoning
    Where is this land located?
    The property is located at 109 Juan Tabo Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: 109 Juan Tabo Blvd NE, Albuquerque, NM: One-acre commercial land parcel.; MX-H zoning permits diverse retail uses.; High traffic location on Juan Tabo Blvd, exceeding 30,000 cars daily.
    Request Owner's contact information
    109 Juan Tabo Blvd Albuquerque, NM 87123
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    Albuquerque, NM 87123
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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
    109 Juan Tabo Blvd Albuquerque, NM 87123
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