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Property profile & analytics
OFF-MARKET
Land

40 Frontage Rd Albuquerque, NM 87121

0.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial and industrial land parcel, located in Albuquerque, New Mexico, offers unparalleled access and visibility from I-40 at Exit 149, Atrisco Vista Blvd. The property is zoned NR (Non-residential) and comprises a total of 10.75 acres, divisible into five tracts ranging from 0.98 to 2.96 acres. This thriving area boasts significant employment, with over 3,750 employees in nearby facilities including a major Amazon distribution center (2.77 million square feet), a FedEx Freight distribution facility (95,000 square feet), a Tempur-Pedic production facility (800,000 square feet), and a Shamrock Foods facility (201,000 square feet). The location benefits from strategic proximity to major transportation arteries, making it ideal for manufacturing, distribution, and travel-related businesses. Furthermore, the site is eligible for various New Mexico and Albuquerque economic incentives, including Opportunity Zone designation, Foreign Trade Zone status, New Mexico tax credits, the New Mexico Collateral Assistance Program (CAP), and the New Mexico Film Tax Credit. This presents a unique opportunity for investors and developers seeking a high-visibility location with substantial growth potential. The property is offered for sale by owner.

Property profile
Verified
Property type Land
Lot 0.98 ac (42,689 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
Current use
Occupant on record · Public records
  • Universal Shopping Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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