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    OFF-MARKET
    Commercial real estate

    Kirtland, NM 87417

    7.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.5-acre commercial property presents a unique investment opportunity in the desirable Fairway Heights Subdivision of Kirtland, New Mexico. The land comprises ten individual commercial lots, ideally suited for a developer seeking to construct a new commercial project. Its prime location directly adjoins the Riverview Golf Course, offering high visibility and potential for synergistic business development. The property benefits from the convenience of readily available utilities, either directly on-site or in close proximity, simplifying the construction process and reducing initial development costs. This presents a significant advantage for developers, minimizing infrastructure hurdles and accelerating project timelines. The substantial acreage allows for considerable flexibility in design and development, accommodating a variety of commercial ventures. Given its strategic location within the town limits of Kirtland and its proximity to the golf course, this property offers exceptional potential for long-term growth and return on investment. The existing infrastructure and convenient access make this a highly attractive proposition for commercial development in a thriving community. This is a rare opportunity to acquire a significant parcel of land with high development potential in a desirable location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 7.5 ac (326,700 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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