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Property profile & analytics
OFF-MARKET
Land

40 98Th St Albuquerque, NM 87121

80 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 80 ac (3,484,800 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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