Current Use by Public Records
- Land
Property Details for 220 Airport Dr
- Lot size
- 3.37 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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AI approach
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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
- -106.714
- Latitude
- 35.0822
