40 98Th St Albuquerque, NM 87121
This exceptional ±80-acre parcel presents a unique investment opportunity in Bernalillo County. Zoned NR-BP, this development-ready land is ideally suited for a variety of industrial, distribution, or retail uses. Multiple tracts are available, offering flexibility for build-to-suit projects, ground leases, or outright sale. The property boasts high visibility from both I-40 and 98th Street, ensuring excellent accessibility and brand exposure. Its strategic location within a thriving business park benefits from recently completed infrastructure improvements, including Daytona Road, and provides rapid access to I-40. Essential utilities, including wet and dry services, are readily available. This location is situated within a qualified Opportunity Zone, making it eligible for potential economic development incentives. Permitted uses under the NR-BP zoning include light manufacturing, warehousing, distribution, and retail, with conditional use permitting drive-thru facilities. This prime location offers a compelling combination of accessibility, infrastructure, and zoning flexibility, making it an attractive proposition for discerning investors and developers seeking a strategic foothold in a rapidly growing market.
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.