40 98Th St Albuquerque, NM 87121
- Land
- 80.00 lot acres
Current Use by Public Records
- Land
Property Details for 40 98Th St
- Lot size
- 80.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.737
- Latitude
- 35.0422
