Property profile

0 Nw & Unser Blvd Albuquerque, NM 87114

OFF-MARKET
Land
13.35 ac lot
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Property summary

AI-generated overview

This exceptional 13.35-acre commercial land parcel presents a prime investment opportunity in Albuquerque, New Mexico. Strategically located at the high-traffic southeast corner of Paradise Blvd NW and Unser Blvd NW, this property boasts unparalleled visibility and accessibility. The site is divided into multiple lots, offering flexibility for various development scenarios. Lot 1, encompassing approximately 5.52 acres, is zoned NR-C (Commercial), while Lots 2-6, totaling approximately 6.87 acres, are zoned MX-M (Moderate Intensity). This zoning allows for a wide range of commercial uses, making it suitable for a variety of projects. The asking price for the entire 13.35-acre tract is $4,500,000. However, the seller is open to considering alternative purchase options, including the purchase of individual tracts. Tract 1 (5.52 acres) is priced at $2,500,000, while Tracts 2-6 (6.87 acres) are offered at $2,000,000. A smaller, 1-acre portion of Tract 1 is also available for $1,250,000. This prime location in the rapidly growing Albuquerque West Side offers significant potential for substantial returns. The property's high visibility and flexible zoning make it an attractive investment for developers seeking a strategic foothold in a thriving market. The 87114 zip code ensures easy access to major transportation arteries and a robust consumer base. Don't miss this chance to acquire a highly desirable commercial property in a prime Albuquerque location.

Property profile

Verified
Property type Land
Lot 13.35 ac (581,526 SF)

Cap rate & NOI

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

Location

Nw & Unser Blvd Albuquerque, NM 87114
Albuquerque metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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