Property profile

0 & Tierra Pintada Blvd Albuquerque, NM 87120

OFF-MARKET
Land
60 ac lot
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Property summary

AI-generated overview

This exceptional 60-acre land parcel presents a rare Albuquerque development opportunity. Located in the rapidly growing Northwest Heights, this property boasts a Planned Community (PC) zoning designation, allowing for diverse uses. Its strategic location offers easy access to I-40/98th Street, placing it within convenient reach of major transportation arteries. The site benefits from existing utilities along Arroyo Vista Blvd, simplifying infrastructure integration. Surrounding amenities include the newly constructed Tres Volcanes Community Collaborative School (K-8), Nusenda Community Stadium, and city baseball fields, enhancing its appeal as a family-friendly development location. Nearby US National Park lands and walking trails provide additional recreational opportunities. A Pulte Homes development with 330 lots is situated to the west, indicating strong market demand. Landscaping and bike trails adjacent to the property further enhance its desirability. This infill site, part of the original Tres Volcanes Community Collaborative School land assemblage, represents a unique investment opportunity within an Opportunity Zone, offering potential for significant returns. The property's size and location make it ideal for a master-planned residential community, with potential for mixed-use components. Utilities are readily accessible, minimizing development costs and timelines. This is a truly exceptional opportunity to acquire a large, well-situated parcel in one of Albuquerque's most desirable areas.

Property profile

Verified
Property type Land
Lot 60 ac (2,613,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

& Tierra Pintada Blvd Albuquerque, NM 87120
Albuquerque metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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