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    528 & Venada Plz Dr Bernalillo, NM 87004

    For Sale
    Contact for pricing

    18.66 Acres, Hwy 528 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 18.66-acre commercial land parcel in Bernalillo, New Mexico, presents a unique investment opportunity. Located at the intersection of Hwy 528 and Venada Plaza Drive, this property boasts high visibility with over 27,000 cars passing daily. The land is zoned SU by the Town of Bernalillo and offers paved access with readily available utilities. Its prime location is adjacent to a Walmart Supercenter and surrounded by national retailers such as Albertson's, TJ Maxx, Ross, and Michael's, ensuring high traffic and strong consumer presence. The property's size allows for various development options, including multi-family housing, senior living facilities, skilled nursing facilities, equipment sales, or auto sales. Enjoy stunning Sandia Mountain views and the convenience of nearby amenities such as grocery stores, restaurants, financial services, and entertainment. The property is divided into a north parcel (approximately 1.10 to 18.66 acres) and a south parcel (approximately 7.6 acres). The land value ranges from $5.50 to $14 per square foot. This high-growth area offers strong daytime employment, making it an ideal location for a variety of commercial ventures. A potential joint-venture opportunity may also be available. APN: R182964.

    Property Features for 528 & Venada Plz Dr

    General Information

    Property type
    Land
    Lot Size
    812,830 SF

    HighLights

    • 18.66‑acre commercial land parcel in Bernalillo, NM, divided into a ~1.10 to 18.66‑acre north parcel and a ~7.6‑acre south parcel.
    • High‑traffic location on Hwy 528, with over 27,000 vehicles passing daily.
    • Excellent visibility adjacent to Walmart and surrounded by national retailers (Albertson's, TJ Maxx, Ross, Michael's).
    • Paved access and readily available utilities.
    • High‑growth area with strong daytime employment.
    • Stunning Sandia Mountain views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bernalillo
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5761633
    Latitude
    35.3168284

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    FAQs

    What type of property is this?
    Land - 18.66 Acres, Hwy 528 Frontage
    Where is this land located?
    The property is located at 528 & Venada Plz Dr Bernalillo, NM.
    What are key features of this property?
    This property features: 18.66-acre commercial land parcel in Bernalillo, NM, divided into a ~1.10 to 18.66-acre north parcel and a ~7.6-acre south parcel.; High-traffic location on Hwy 528, with over 27,000 vehicles passing daily.; Excellent visibility adjacent to Walmart and surrounded by national retailers (Albertson's, TJ Maxx, Ross, Michael's).
    (505) 998-1656
    Request Owner's contact information
    528 & Venada Plz Dr Bernalillo, NM 87004
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    Bernalillo, NM 87004
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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
    528 & Venada Plz Dr Bernalillo, NM 87004
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