0 106Th St Albuquerque, NM 87121
This exceptional 9.88-acre parcel, located at the Northwest corner of 106th and Eucariz SW in Albuquerque, New Mexico (APN: 100805637929410104), presents a unique investment opportunity. Zoned for residential development, this property boasts significant potential for high-density housing. Half of the land is approved for 20 dwelling units per acre, while the other half is approved for 9 dwelling units per acre, offering flexibility for various development plans. The site benefits from its strategic location adjacent to existing single-family residential developments, ensuring seamless integration into the established community. All utilities are readily available at the site, and paved access ensures convenient construction and future resident accessibility. The asking price for this remarkable property is $1,398,712. This Albuquerque land offers a compelling opportunity for developers seeking to capitalize on the strong demand for residential housing in a desirable location. The property's size and zoning make it ideal for a variety of residential projects, from townhomes to single-family homes. With its convenient access to utilities and paved roads, this land is ready for immediate development. Don't miss this chance to acquire a prime piece of Albuquerque real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.