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    1450 Montaño Rd Albuquerque, NM 87107

    Sponsored
    For Sale
    $583,500

    Prime .57-acre commercial land near Topgolf.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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 Features for 1450 Montaño Rd

    General Information

    Property type
    Land

    HighLights

    • Pad‑ready site with all utilities available.
    • High traffic count: 200,000 vehicles daily.
    • Full access to property.
    • 24,829 square foot lot (0.57 acres).
    • Asking rent: $23.50 per square foot.
    • Build‑to‑suit, ground lease, and sale options available.
    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 Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6121381
    Latitude
    35.1336865

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    FAQs

    What type of property is this?
    Land - Prime .57-acre commercial land near Topgolf.
    Where is this land located?
    The property is located at 1450 Montaño Rd Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $583,500.
    What are key features of this property?
    This property features: Pad-ready site with all utilities available.; High traffic count: 200,000 vehicles daily.; Full access to property.
    Request Owner's contact information
    1450 Montaño Rd Albuquerque, NM 87107
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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
    1450 Montaño Rd Albuquerque, NM 87107
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