11000-11352 Central Ave Albuquerque, NM 87121
This exceptional 8.8-acre commercial property, located at 11000-11352 Central Ave. SW, Albuquerque, NM 87121, presents a compelling investment opportunity. Zoned MX-M (Mixed Use Moderate Intensity), this land offers significant potential for diverse development. The property consists of two approximately 4.4-acre parcels, strategically situated on Central Avenue and Sunset Gardens Road (an undeveloped road). Its prime location just west of the rapidly developing intersection of Central and 98th Street provides easy access to I-40 and places it within a thriving trade area experiencing substantial recent growth, including new retail projects and significant land sales to developers. Nearby businesses include the Albuquerque Animal Welfare Department and the Fire Academy. The asking price is $1,245,000, translating to a low price per square foot of $3.25. This property is ideal for immediate development or as a long-term investment, capitalizing on its location along historic Route 66 and its proximity to established amenities and infrastructure. Bernalillo County location offers further advantages. The property's size and zoning provide flexibility for a variety of commercial uses. This is a rare opportunity to acquire a substantial land parcel in a high-growth area of Albuquerque.
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.