Property profile

0 Universe Blvd Albuquerque, NM 87114

OFF-MARKET
Land
0.88 ac lot
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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

Location

Universe Blvd Albuquerque, NM 87114
Albuquerque metro
Google Maps

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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