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Property profile & analytics
OFF-MARKET
Land

0 Universe Blvd Albuquerque, NM 87114

0.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land opportunity presents multiple pad sites ranging from 0.88 to 3.08 acres, ideally situated in Albuquerque, New Mexico, at a high-traffic, signalized intersection on Universe Blvd NW, zip code 87114. Boasting visibility to nearly 39,000 vehicles daily, this location is strategically positioned adjacent to a thriving strip/convenience center that consistently ranks within the top 17% nationally. The area is experiencing significant growth and boasts a high-income demographic with a strong demand for retail and service businesses. The site benefits from its proximity to new retail developments, including established businesses like Dion's and Dutch Bros, and enjoys the added advantage of being near multiple schools, ensuring consistent foot traffic. The land itself is level and fully prepared for immediate development, with all utilities readily available at the site. The property is zoned MX-M, allowing for a variety of commercial uses. Pricing is competitive, ranging from $12.00 to $14.00 per square foot. This is a rare chance to acquire prime commercial land in a rapidly expanding market. Don't miss this opportunity to establish your business in a high-demand location.

Property profile
Verified
Property type Land
Lot 0.88 ac (38,333 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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