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Property profile & analytics
OFF-MARKET
Land

528 & Venada Plz Dr Bernalillo, NM 87004

Property ID
Property summary
AI-generated overview

This exceptional land parcel, located at the intersection of NEQ Highway 528 and Venada Plaza Drive in Bernalillo, New Mexico, presents a unique investment opportunity. The property offers a flexible range of acreage options, from approximately 1.1 to 18.66 acres, providing ample space for a variety of development projects. Its strategic location along Highway 528, a high-traffic thoroughfare with over 27,000 vehicles daily, ensures excellent visibility and accessibility. The site benefits from its proximity to major retailers such as Walmart, Albertson's, TJ Maxx, Ross, and Michael's, creating a vibrant commercial environment. Paved access and readily available utilities simplify development. The area boasts a high-growth trajectory and a strong daytime workforce, making it an attractive location for residential development. Stunning views of the Sandia Mountains add to the property's appeal. The site's suitability for multi-family, senior living, independent living, or skilled nursing facilities is further enhanced by its convenient walking distance to essential amenities including grocery stores, restaurants, financial institutions, and entertainment options. The potential for a joint venture adds another layer of opportunity. This property is zoned for residential use and offers a compelling combination of location, size, and potential. The 87004 zip code provides easy access to the greater Albuquerque area. This is a rare chance to acquire a significant land holding in a thriving New Mexico community.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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