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OFF-MARKET
Retail properties & Spaces

0 Universe And Rainbow Albuquerque, NM 87120

23,958 SF 10.61 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 23,958 SF
Lot 10.61 ac (462,172 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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