Universe Blvd Albuquerque, NM 87114
- Land
- 6.01 lot acres
Current Use by Public Records
- Land
Property Details for 0 Universe Blvd
- Lot size
- 6.01 lot acres
- Property type
- Land
Description
This exceptional 6.01-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located at 0 Universe Blvd NW & McMahon, Albuquerque, NM 87114, this R-6 zoned property boasts a total area of 261,796 square feet and is priced at $4.00 to $4.50 per square foot, totaling $1,200,000. Situated in the rapidly growing Paradise West master-planned community, this site offers significant potential for various high-density developments, including assisted living facilities or apartments. Its strategic location directly across from a new Central New Mexico Community College (CNM) campus and less than three miles south of the 66-acre Presbyterian Rio Rancho Medical Center provides exceptional access to a large and growing population base. The surrounding area exhibits high traffic counts, with approximately 12,000 vehicles passing McMahon and 12,700 vehicles passing Universe daily. Seller financing may be available to qualified buyers. This is an excellent opportunity for multi-use high-density development in a thriving Albuquerque neighborhood. The property's zoning and location make it an ideal candidate for a variety of commercial projects, capitalizing on the area's strong growth trajectory and proximity to key amenities and educational institutions.
Value Estimation
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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
- -106.727
- Latitude
- 35.2119
