0 98Th St Albuquerque, NM 87105
This exceptional 90-acre commercial and industrial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located near the intersection of I-40 and 98th St NW in Bernalillo County, zip code 87105 (34.9568026, -106.6055534), this property boasts high visibility and convenient access to major transportation arteries. The land is zoned NR-BP, permitting a variety of uses including light manufacturing, warehousing, distribution, and retail, with conditional approval for drive-thru facilities. Multiple tracts are available, making it suitable for build-to-suit projects, ground leases, or outright sale. This development-ready site benefits from recently completed infrastructure improvements, including Daytona Road, and offers readily available wet and dry utilities. Its location within a qualified Opportunity Zone provides access to potential economic development incentives. The property's proximity to a new speculative distribution warehouse within a thriving business park further enhances its appeal to industrial, distribution, and retail users. This is a rare chance to acquire a large, strategically located parcel in a rapidly growing area.
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
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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.