98th Nw & Bluewater Rd Albuquerque, NM 87121
This exceptional Albuquerque retail development presents a unique investment opportunity. Located at the high-traffic intersection of 98th St NW and Bluewater Rd, this property boasts a total building size of 82,000 square feet, offering multiple tenancy options. The site encompasses 11.11 acres of land, with individual pad sites ranging from 1.24 to 1.28 acres, providing ample space for various retail uses. Currently, one retail space is available for lease. The property is classified as both Retail and Distribution, making it suitable for a wide range of businesses. Its prime location in Albuquerque, Bernalillo County, New Mexico (zip code 87121), ensures high visibility and accessibility. The property's APN is 100905706518130705. This development offers a blend of established infrastructure and significant growth potential, making it an ideal choice for investors seeking a strong return on investment in a thriving New Mexico market. The property's versatile nature and strategic location make it an attractive proposition for businesses seeking to establish a presence in a dynamic and expanding area. Contact us today to learn more about this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.