Property profile

11807 Tijeras Nm Tijeras, NM 87059

OFF-MARKET
Land
0.7 ac lot
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Property summary

AI-generated overview

This exceptional 0.7112-acre commercial land parcel in Tijeras, New Mexico, presents a unique investment opportunity. Located at 11807 NM 337, Tijeras, NM 87059, this property boasts 30,979 square feet of buildable land with significant advantages. A future building footprint is already approved, along with grading and drainage plans. Utilities are conveniently stubbed in, including natural gas, a 2' water line, a Bernalillo County sewer connection, and 3-phase power at the property line. Situated on NM Highway 337, this high-traffic area sees 64,000 vehicles per day, offering excellent visibility and accessibility. Less than a mile from Interstate I-40, the property benefits from its strategic location and CB-1 zoning for commercial development. A built-out turn lane ensures easy ingress and egress. Ideal for various uses, including a gas station, quick-service restaurant, health services facility, or retail development. This is a rare chance to acquire prime commercial real estate in Tijeras, poised for immediate and future development. The property can be bundled with an adjacent 7-acre parcel and existing building.

Property profile

Verified
Property type Land
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11807 Tijeras Nm Tijeras, NM 87059
Tijeras metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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