Technical
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Property profile

106th And Central Albuquerque Albuquerque, NM 87121

OFF-MARKET
Land
4.2 ac lot
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Property summary

AI-generated overview

This exceptional 4.2-acre commercial land parcel presents a compelling investment opportunity in Albuquerque, New Mexico. Located at the southwest corner of 106th and Central Avenue, this property boasts convenient access to Interstate 40, placing it within easy reach of major transportation arteries. The site is zoned NR-BP (Non-Residential Business Park), offering flexibility for a variety of commercial developments. Its strategic location near Albuquerque's government facilities, including the Fire Department, Animal Welfare, and Emergency Management Office, ensures high visibility and accessibility. The area also benefits from a strong residential presence, with numerous homes and subdivisions nearby, creating a robust customer base. Further enhancing its appeal, the property is situated along historic Route 66 (Central Avenue), providing excellent brand recognition potential. Nearby amenities include a variety of fast-food restaurants (McDonald's, Church's Chicken, Denny's, Burger King, and Jack in the Box) and travel services such as Love's Truck Stop and American RV Park, catering to both local and transient populations. All utilities are accessible, making this a truly turnkey development opportunity in a growing trade area. The asking price for this exceptional property is $915,000. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving Albuquerque location. The zip code is 87121, and the property is in Bernalillo County.

Property profile

Verified
Property type Land
Lot 4.2 ac (182,952 SF)

Cap rate & NOI

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

Location

106th And Central Albuquerque Albuquerque, NM 87121
Albuquerque metro
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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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