Sage Rd Albuquerque, NM 87121
- Land
- 4.96 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sage Rd
- Lot size
- 4.96 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
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
- -106.722
- Latitude
- 35.0583
