Property profile

1450 Montaño Rd Albuquerque, NM 87107

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 23,829 square foot commercial land parcel presents a remarkable investment opportunity in Albuquerque, New Mexico. Located at 1450 Montaño Rd NE, 87107, this pad-ready site boasts convenient access to I-25 via Montgomery Blvd. or Comanche Rd., ensuring high visibility and accessibility. The property is situated within Albuquerque's burgeoning entertainment district, anchored by the recently opened Topgolf (2022) and the soon-to-open Andretti Indoor Karting and Games (2023). This thriving area also includes established businesses such as Starbucks, McDonald's, Costco, Sam's Club, and The Home Depot, creating a robust and diverse commercial landscape. The site is fully serviced with utilities, making it ideal for immediate development. With an impressive daily traffic count of 200,000 vehicles, this location offers unparalleled exposure. Priced at $583,500 ($23.50/SF), this property is perfect for build-to-suit, ground lease, or outright sale opportunities. Don't miss this chance to capitalize on the growth and potential of this high-traffic, entertainment-focused area.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1450 Montaño Rd Albuquerque, NM 87107
Albuquerque metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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