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    11807 Nm-337 Tijeras, NM 87059

    For Sale
    $250,000

    Prime .71 acre industrial lot, I-40 proximity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 0.7112-acre industrial land parcel in Tijeras, New Mexico, presents a remarkable investment opportunity. Located on NM Highway 337, this property boasts 64,000 vehicles per day (VPD) and is less than a mile from Interstate I-40, ensuring high visibility and accessibility. Zoned CB-1 for commercial development, it's ideally suited for a variety of uses, including gas stations, quick-service restaurants, healthcare facilities, or retail establishments. The site benefits from pre-approved plans, including a future building footprint and grading and drainage solutions. Utilities are conveniently stubbed in, featuring a 2' water line, Bernalillo County sewer connection, and 3-phase power at the property line. A built-out turn lane ensures easy ingress and egress. This is a rare chance to acquire a ready-to-develop commercial property in a high-traffic area with significant growth potential. The asking price is $250,000. The address is 11807 NM-337 #2, Tijeras, NM 87059, within Bernalillo County.

    Property Features for 11807 Nm-337

    General Information

    Property type
    Land
    Lot Size
    30,971 SF

    HighLights

    • 0.71 acres of highway frontage.
    • Frontage on NM Highway 337.
    • 64,000 vehicles per day (VPD).
    • Less than one mile from I‑40.
    • CB‑1 Commercial zoning.
    • Existing turn lane for easy access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Tijeras
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.38777287687
    Latitude
    35.078319610682

    Nearby Comparable

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    Nearby Similar for Sale

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    • $95,000
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    • $1,350,000
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      Tijeras Commercial Investment Opportunity

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    FAQs

    What type of property is this?
    Land - Prime .71 acre industrial lot, I-40 proximity.
    Where is this land located?
    The property is located at 11807 Nm-337 Tijeras, NM.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 0.71 acres of highway frontage.; Frontage on NM Highway 337.; 64,000 vehicles per day (VPD).
    Request Owner's contact information
    11807 Nm-337 Tijeras, NM 87059
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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
    11807 Nm-337 Tijeras, NM 87059
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