220 Airport Dr Albuquerque, NM 87121
This exceptional 3.37-acre commercial and industrial land parcel, located at 220 Airport Dr NW, Albuquerque, New Mexico 87121, presents a unique investment opportunity. Zoned MX-M, this property offers significant potential for a variety of developments. The asking price is $1,800,000, translating to a land value of $19.31 per square foot. Situated in a thriving retail area, this corner lot benefits from high visibility and significant foot traffic, surrounded by established national brand retailers. The property's location within a bustling commercial hub ensures a strong customer base for any future development. The MX-M zoning permits a wide range of uses, including office, commercial, research, light industrial, distribution, showroom, processing, and institutional uses. Detailed information regarding permitted uses and development standards within the NR-BP zone district is available upon request. This includes FAQs about allowable uses, use-standards, development standards, and the approval process. The property is being offered for sale by owner. This is a rare opportunity to acquire a substantial parcel of land in a prime Albuquerque location with exceptional potential for significant return on investment. Don't miss this chance to build your vision in a high-demand area. The property is conveniently located near major transportation routes, offering easy access for both employees and customers. This is a truly exceptional opportunity for developers seeking a high-impact location for their next project.
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.