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    Hawking Dr Albuquerque, NM 87105

    Sponsored
    For Sale
    $11,500,000

    40 Acres, Albuquerque, NM - $11.5M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 40-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located in the thriving Mesa del Sol master-planned community, this property boasts convenient access to I-25, ensuring seamless transportation and logistics. The site is zoned PC, allowing for a diverse range of development possibilities, including manufacturing facilities, data centers, and office complexes. Its strategic location within an Opportunity and HUB Zone offers significant economic incentives and advantages. The land features readily available nearby utilities and paved access with curbs, simplifying infrastructure development and reducing upfront costs. The Mesa del Sol master plan envisions a vibrant and growing community, making this a prime location for long-term investment and development. With its expansive acreage and versatile zoning, this property is well-suited for large-scale projects seeking a strategic location in a rapidly developing area of Albuquerque. The asking price is $11,500,000. The property is situated at Hawking Dr SE, Albuquerque, Bernalillo County, NM 87105. Detailed information regarding the Mesa del Sol master plan is available.

    Property Features for 0 Hawking Dr

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6100621
    Latitude
    34.996412

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    FAQs

    What type of property is this?
    Land - 40 Acres, Albuquerque, NM - $11.5M
    Where is this land located?
    The property is located at Hawking Dr Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $11,500,000.
    (505) 998-1656
    Request Owner's contact information
    Hawking Dr Albuquerque, NM 87105
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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
    Hawking Dr Albuquerque, NM 87105
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