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Property profile & analytics
OFF-MARKET
Land

0 Sage Rd Albuquerque, NM 87121

4.96 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.96-acre parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located in Bernalillo County, zip code 87121, the property is zoned A-1 Rural Agricultural, offering flexibility for future development. The asking price is $375,000, translating to approximately $75,605 per acre. Situated near paved roads (San Ignacio Road and Sage Road), this land boasts convenient access to existing utilities. The property's strategic location makes it ideal for single-family residential development, though a rezoning process would be required to achieve higher density. Its attractive features include its status as a nice infill parcel and its adjacency to a Bernalillo County parcel zoned R-1, suggesting potential for future development synergy. Previously, this area was depicted in the City of Albuquerque Tower-unser Plan as Rd/R-1 under recommended zoning. This land offers significant potential for investors seeking a promising Albuquerque location with residential development possibilities. Detailed information regarding rezoning requirements and potential development scenarios is available upon request. The property's location offers a blend of rural tranquility and convenient access to urban amenities.

Property profile
Verified
Property type Land
Lot 4.96 ac (216,058 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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