109 Juan Tabo NE Blvd Albuquerque, NM 87123-3082
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.