0 Universe And Rainbow Albuquerque, NM 87120
This exceptional commercial property, located at the highly visible intersection of Universe and Rainbow in Albuquerque, New Mexico, presents a rare development opportunity. The 10.61-acre lot boasts a permitted MX-L, Low Intensity zoning designation, offering significant flexibility for a variety of commercial uses. With a total square footage ranging from 23,958 to a substantial 1,902,700, this site caters to projects of diverse scales. The property's strategic location within a rapidly expanding residential area ensures high visibility and strong potential for customer traffic. All utilities are conveniently in place, simplifying the development process and minimizing upfront costs. The fully signalized intersection further enhances accessibility and visibility, making this an ideal location for retail establishments, commercial buildings, or mixed-use developments. The APN is 100906348131011301, and the property is situated in Bernalillo County, New Mexico, zip code 87120. This unique offering represents a compelling investment prospect in a thriving Albuquerque market. Don't miss this chance to secure a prime commercial site in a high-growth area.
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.