98Th St Albuquerque, NM 87105
- Land
- 90.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 98Th St
- Lot size
- 90.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.606
- Latitude
- 34.9568
