0 Fortuna Rd & Quailbrush Dr Albuquerque, NM 87121
This exceptional 3.58-acre parcel presents a unique opportunity for residential development in Albuquerque, New Mexico. Situated in a desirable, established neighborhood, this R1-B zoned land offers significant advantages for builders and investors. The property boasts a highly convenient location, directly across from West Mesa High School, ensuring easy access to education and community amenities. Its proximity to Interstate 40 (less than one mile) provides excellent connectivity to the wider Albuquerque metropolitan area. Infrastructure is already in place, with existing streets and sidewalks, and readily available utilities located within the street right-of-way. This significantly reduces development costs and streamlines the construction process. The site's dense infill nature within an established residential area makes it ideal for a residential subdivision, catering to the growing housing demand. Furthermore, this strategic location benefits from its designation within both an Opportunity Zone and a Qualified Census Tract, potentially unlocking attractive tax incentives and investment opportunities. The asking price for this exceptional property is $620,294. This land presents a compelling investment opportunity for those seeking to capitalize on Albuquerque's thriving real estate market. The address is Fortuna Rd & Quailbrush Dr., Albuquerque, NM 87121, within Bernalillo County.
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
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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.