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    Albuquerque NM Nw & 131 St Albuquerque, NM 87121

    For Sale
    $499,000

    Prime Albuquerque industrial land, excellent location, $499,000.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5-acre parcel of land presents a compelling investment opportunity in Albuquerque, New Mexico. Strategically located at the future intersection of 131st Street and Central Avenue NW, this property sits within a rapidly developing area poised for significant growth. The land is zoned SD-WC-CLI by Bernalillo County, designating it for West Central Commercial/Light Industrial uses, offering a wide range of potential development options. With its expansive size and prime location, this property is ideal for various industrial projects, providing ample space for construction and operations. The property's address is Central Ave NW & 131st St, Albuquerque, NM 87121, and its Assessor's Parcel Number (APN) is 1-007-056-236-341-2-02-07. The asking price for this exceptional property is $499,000. This represents a rare chance to acquire a significant land holding in a high-growth corridor of Albuquerque, offering substantial potential for future appreciation and development. The property's location offers easy access to major transportation routes, ensuring convenient logistics for any industrial operation. This is a unique opportunity to secure a valuable asset in a thriving Albuquerque market.

    Property Features for Albuquerque NM Nw & 131 St

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial/light industrial land parcel in Albuquerque, NM.
    • Located at the future intersection of 131st Street and Central Ave NW, in a rapidly developing area.
    • Zoned SD‑WC‑CLI by Bernalillo County, allowing for diverse commercial and light industrial development.
    • APN: 1‑007‑056‑236‑341‑2‑02‑07; Asking price: $499,000.
    • Excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.8620061
    Latitude
    35.0515475

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    FAQs

    What type of property is this?
    Land - Prime Albuquerque industrial land, excellent location, $499,000.
    Where is this land located?
    The property is located at Albuquerque NM Nw & 131 St Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 5-acre commercial/light industrial land parcel in Albuquerque, NM.; Located at the future intersection of 131st Street and Central Ave NW, in a rapidly developing area.; Zoned SD-WC-CLI by Bernalillo County, allowing for diverse commercial and light industrial development.
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    Albuquerque NM Nw & 131 St Albuquerque, NM 87121
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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
    Albuquerque NM Nw & 131 St Albuquerque, NM 87121
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