1450 Montaño Rd Albuquerque, NM 87107

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This exceptional 23,829 square foot commercial land parcel presents a remarkable investment opportunity in Albuquerque, New Mexico. Located at 1450 Montaño Rd NE, 87107, this pad-ready site boasts convenient access to I-25 via Montgomery Blvd. or Comanche Rd., ensuring high visibility and accessibility. The property is situated within Albuquerque's burgeoning entertainment district, anchored by the recently opened Topgolf (2022) and the soon-to-open Andretti Indoor Karting and Games (2023). This thriving area also includes established businesses such as Starbucks, McDonald's, Costco, Sam's Club, and The Home Depot, creating a robust and diverse commercial landscape. The site is fully serviced with utilities, making it ideal for immediate development. With an impressive daily traffic count of 200,000 vehicles, this location offers unparalleled exposure. Priced at $583,500 ($23.50/SF), this property is perfect for build-to-suit, ground lease, or outright sale opportunities. Don't miss this chance to capitalize on the growth and potential of this high-traffic, entertainment-focused area.

Property type Land

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

1450 Montaño Rd Albuquerque, NM 87107

Albuquerque metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

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Swc Menaul And Carlisle

Land

0 Swc Menaul And Carlisle, Albuquerque, NM 87107

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0.38 Acres

Swc Menaul And Carlisle

Land

0 Swc Menaul And Carlisle, Albuquerque, NM 87107

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7.80 Acres

7601 Rio Grande Blvd

Land

7601 Rio Grande Blvd, Los Ranchos de Albuquerque, NM 87107

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2.53 Acres

3537 4Th St

Land

3537 4Th St, Albuquerque, NM 87107

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0.14 Acres

4004 2Nd St

Land

4004 2Nd St, Albuquerque, NM 87107

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224 Montano Rd

Land

224 Montano Rd, Albuquerque, NM 87107

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Commercial Land with High Visibility

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Prime North Valley Ground Lease

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Industrial Land with I-25 Frontage

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