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    109 Juan Tabo Blvd Albuquerque, NM 87123

    Sponsored
    For Sale
    $350,000

    0.54-acre lot, high traffic, MX-H zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.54-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located at 109 Juan Tabo Blvd NE, this property boasts a highly desirable MX-H zoning designation, opening doors to a wide array of retail development possibilities. The site benefits from significant visibility and accessibility, situated directly on Juan Tabo Boulevard NE, a major thoroughfare experiencing over 30,000 vehicles daily. This ensures high traffic exposure for any future development, maximizing potential for business success. Its proximity to Interstate 40 (less than half a mile) further enhances its strategic location, providing easy access for customers and employees. The area is experiencing a surge in redevelopment activity, indicating a strong and growing market. The asking price for this prime commercial land is $350,000. The property's address is verified as 109 Juan Tabo Blvd NE, Albuquerque, Bernalillo County, New Mexico, 87123. This presents a compelling opportunity for investors seeking a high-traffic location with significant development potential in a thriving Albuquerque neighborhood. The 0.54-acre lot size offers ample space for a variety of commercial ventures. Don't miss this chance to acquire a piece of Albuquerque's vibrant commercial landscape.

    Property Features for 109 Juan Tabo Blvd

    General Information

    Property type
    Land
    Lot Size
    23,522 SF
    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 - 0.54-acre lot, high traffic, MX-H zoning
    Where is this land located?
    The property is located at 109 Juan Tabo Blvd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $350,000.
    (505) 998-1656
    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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