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    4615 Wyoming Blvd Albuquerque, NM 87111

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    For Sale
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    2.2-Acre Shovel-Ready Site, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.2-acre commercial land parcel in Albuquerque, New Mexico, presents a unique development opportunity. Located at 4615 Wyoming Blvd NE, in Bernalillo County, zip code 87111 (35.1321244, -106.5512149), this flat, level site boasts an MX-M zoning designation, permitting a variety of commercial uses. The property enjoys unparalleled visibility and accessibility, with exposure to over 77,000 vehicles daily on Wyoming and Montgomery Boulevards. Its strategic location is further enhanced by its adjacency to high-performing national brands: a McDonald's and a Starbucks, both ranking in the top 30% and 20% nationally, respectively, in customer visits. Infrastructure is already in place, including defined circulation drives and all utilities on-site. This shovel-ready site is particularly well-suited for retail and multifamily development, with a nearly complete (approximately 80%) site design already available for multifamily housing. This prime location and existing infrastructure significantly reduce development time and costs, making it an attractive investment for discerning developers. Don't miss this chance to capitalize on a truly exceptional Albuquerque commercial development opportunity.

    Property Features for 4615 Wyoming Blvd

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • 2.2‑acre commercial land parcel in Albuquerque, NM.
    • Located at 4615 Wyoming Blvd NE, Bernalillo County, 87111.
    • Flat, level site with MX‑M zoning, allowing various commercial uses.
    • High visibility and accessibility, with daily traffic exceeding 77,000 vehicles.
    • Adjacent to high‑performing McDonald's and Starbucks.
    • On‑site utilities and defined circulation drives; shovel‑ready.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.5512149
    Latitude
    35.1321244

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    FAQs

    What type of property is this?
    Land - 2.2-Acre Shovel-Ready Site, High Traffic
    Where is this land located?
    The property is located at 4615 Wyoming Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: 2.2-acre commercial land parcel in Albuquerque, NM.; Located at 4615 Wyoming Blvd NE, Bernalillo County, 87111.; Flat, level site with MX-M zoning, allowing various commercial uses.
    (505) 878-0001
    Request Owner's contact information
    4615 Wyoming Blvd Albuquerque, NM 87111
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    Albuquerque, NM 87111
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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
    4615 Wyoming Blvd Albuquerque, NM 87111
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