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Mixed-use properties

0 ±68 Acre Mixed-Use Lifestyle Ctr Albuquerque, NM 87106

68 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 68-acre mixed-use development opportunity is located in Albuquerque, New Mexico, within the vibrant Lobo Sports & Tech District. Situated on the 300+ acre University of New Mexico South Campus, this prime parcel offers unparalleled access to a thriving community. The property's strategic location benefits from proximity to major collegiate and professional sports venues, attracting over 1.3 million spectators annually. Furthermore, its adjacency to the UNM Science & Technology Park provides access to a robust workforce of over 2,000 employees in technology-oriented university and national lab R&D and startup companies. This presents a unique chance to capitalize on the synergy between sports, technology, and a dynamic urban environment. The land is designated for mixed-use development, allowing for a diverse range of possibilities, including retail, entertainment, and other commercial ventures. This development-ready site in Bernalillo County, zip code 87106, presents a compelling investment opportunity in a rapidly growing area of Albuquerque. The property's location at approximately 35.05892730710674 latitude and -106.6344069394239 longitude offers excellent visibility and accessibility. This is a rare chance to acquire a significant land parcel in a high-demand location with exceptional potential for long-term growth and return.

Property profile
Verified
Property type Mixed-use properties
Lot 68 ac (2,962,080 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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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