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    St Josephs Dr Albuquerque, NM 87120

    Sponsored
    For Sale
    Contact for pricing

    Prime Albuquerque land, high visibility, ±50,000 daily traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel is strategically located at the intersection of Coors Boulevard and St. Josephs Drive NW in Albuquerque, New Mexico, zip code 87120. Boasting high visibility and easy access, this property enjoys significant daily traffic volume, with an estimated 50,000 cars passing by daily. Its prime location offers strong demographics and excellent potential for a variety of commercial uses. The property is zoned NR-C (IDO Zoning), providing flexibility for development opportunities. The site is ideal for businesses seeking high exposure and convenient access for customers and employees. This Albuquerque land presents a unique investment opportunity, available for both sale and lease. The precise acreage is not specified, but the high traffic count and strategic location make this a compelling proposition for businesses seeking a prominent presence in a thriving Albuquerque market. The property's address is St. Josephs Dr NW, Albuquerque, Bernalillo County, New Mexico. Latitude and longitude coordinates are available for precise location identification. Interested parties should inquire for further details regarding pricing and lease terms.

    Property Features for 0 St Josephs Dr

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.70367977
    Latitude
    35.12798112

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    FAQs

    What type of property is this?
    Land - Prime Albuquerque land, high visibility, ±50,000 daily traffic.
    Where is this land located?
    The property is located at St Josephs Dr Albuquerque, NM.
    (505) 998-1648
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    St Josephs Dr Albuquerque, NM 87120
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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
    St Josephs Dr Albuquerque, NM 87120
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