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Property profile & analytics
OFF-MARKET
Land

10307 Central Ave Albuquerque, NM 87121

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 10 acres of M-1 zoned land in Albuquerque, New Mexico, strategically located on Central Avenue and Blessed Street. The property comprises two 5-acre parcels, each offering convenient access and significant development potential for various industrial uses. The parcel situated off Blessed Street boasts three convenient ingress/egress points via Central Avenue, Volcano Road, and Blessed Street itself, while the Central Avenue parcel provides access from Central Avenue and Volcano Road. Central Avenue experiences high traffic volume, exceeding 30,000 vehicles daily, ensuring exceptional visibility and accessibility for any future development. Utilities are readily available, with water, gas, and sewer connections accessible at street level, and power lines already traversing the property. The asking price is $3,000,000, with owner financing available. The property's APN is 100805636852210705. This below-market-priced land presents a compelling opportunity for investors seeking a prime location with excellent infrastructure and high visibility in a thriving Albuquerque market. The land is situated in Bernalillo County, New Mexico, with a zip code of 87121. The land value is $6.88 per square foot.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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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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