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    2701 Plz Dr Albuquerque, NM 87121

    For Sale
    Contact for pricing

    Build-ready lots, prime Albuquerque location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional offering presents a rare opportunity to acquire prime commercial land in Albuquerque, New Mexico. Located at 2701 Sunshine W Plaza Dr, these build-ready pad sites range from 0.39 to 2.57 acres and are zoned M-1/C-1 in Bernalillo County. The land value ranges from $5 to $12 per square foot, presenting a compelling investment opportunity. The property benefits from a high-traffic location within a rapidly expanding area, boasting strong neighboring businesses including Wendy's, Murphy Express, and O'Reilly Auto Parts. This strategic positioning ensures high visibility and accessibility for any future development. Furthermore, the site is adjacent to a booming residential housing development, guaranteeing a substantial and growing customer base. Lots are delivered in a build-ready condition, minimizing upfront development costs and expediting the construction process. Monument sign opportunities are also available, providing excellent branding potential. This is an ideal location for businesses seeking high visibility and access to a thriving community. Don't miss this chance to secure your piece of Albuquerque's commercial growth.

    Property Features for 2701 Plz Dr

    General Information

    Property type
    Land
    Lot Size
    16,988 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.712915
    Latitude
    35.038744

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    FAQs

    What type of property is this?
    Land - Build-ready lots, prime Albuquerque location.
    Where is this land located?
    The property is located at 2701 Plz Dr Albuquerque, NM.
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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
    2701 Plz Dr Albuquerque, NM 87121
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