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    Rio Bravo Blvd Albuquerque, NM 87105

    Sponsored
    For Sale
    $525,000

    Prime 1.05-acre lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.05-acre commercial land parcel presents a remarkable investment opportunity in Albuquerque, New Mexico. Situated on Rio Bravo Blvd SE and Prince St, this highly visible pad site boasts daily exposure to over 30,000 vehicles. Its strategic location offers quick access to I-25 via Rio Bravo Boulevard, ensuring convenient access for customers and employees. The property is zoned M-2, providing flexibility for a variety of uses including retail, restaurant, and industrial developments. Drive-thru options are permitted, adding to the site's versatility and appeal. This location is within a rapidly growing business corridor and serves an underserved trade area in the Albuquerque metro area, presenting significant potential for growth and return on investment. The asking price is $525,000. The property's size and zoning make it ideal for a variety of commercial ventures, capitalizing on its high traffic count and prime location. This is a rare opportunity to acquire a highly visible and strategically located property in a thriving Albuquerque market. The property is located in Bernalillo County, New Mexico, zip code 87105.

    Property Features for 0 Rio Bravo Blvd

    General Information

    Property type
    Land
    Lot Size
    45,738 SF

    HighLights

    • 1.05‑acre commercial land parcel in Albuquerque, NM, priced at $525,000.
    • High‑visibility pad site on Rio Bravo Blvd SE and Prince St, with daily exposure to over 30,000 vehicles.
    • Convenient I‑25 access via Rio Bravo Boulevard.
    • M‑2 zoning allows for retail, restaurant, and industrial uses, including drive‑thrus.
    • Located in a rapidly growing business corridor of an underserved Albuquerque market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.65446919948
    Latitude
    35.026565107967

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    FAQs

    What type of property is this?
    Land - Prime 1.05-acre lot, high visibility.
    Where is this land located?
    The property is located at Rio Bravo Blvd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 1.05-acre commercial land parcel in Albuquerque, NM, priced at $525,000.; High-visibility pad site on Rio Bravo Blvd SE and Prince St, with daily exposure to over 30,000 vehicles.; Convenient I-25 access via Rio Bravo Boulevard.
    (505) 998-1656
    Request Owner's contact information
    Rio Bravo Blvd Albuquerque, NM 87105
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    Albuquerque, NM 87105
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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
    Rio Bravo Blvd Albuquerque, NM 87105
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