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Property profile & analytics
OFF-MARKET
Lifestyle centers

0 University Blvd Albuquerque, NM 87106

3.41 ac lot
Property ID
Property summary
AI-generated overview

Three retail pads available for sale in Albuquerque's burgeoning Mesa del Sol community. These pads offer exceptional opportunities for businesses seeking a presence in a rapidly growing mixed-use development. Located conveniently near the Albuquerque Sunport, the properties benefit from proximity to major employers including Netflix ABQ Studios (with a planned 300-acre expansion), the University of New Mexico's Film & Digital Arts Department, the Isleta Amphitheater, and the New Mexico United multi-sport facilities. The area is experiencing significant residential growth, with an estimated 500-1000 residential lots projected to be developed by the end of 2024. The pads are zoned PC and offer varying lot sizes, providing flexibility for various retail concepts. Pad 1 encompasses 3.41 acres, Pad 2 offers 6.46 acres, and Pad 3 comprises 9.27 acres. All pads are demisable, allowing for customized development to suit individual business needs. This presents a unique investment opportunity in a thriving Albuquerque neighborhood poised for continued expansion and economic growth. The strategic location within Mesa del Sol, a master-planned community spanning 16,000 acres, ensures high visibility and accessibility for businesses. The area's vibrant atmosphere and strong community presence create an ideal environment for retail success. This is a rare chance to secure a prominent position in one of Albuquerque's most dynamic and promising commercial areas.

Property profile
Verified
Property type Lifestyle centers
Lot 3.41 ac (148,540 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
Current use
Occupant on record · Public records
  • New Mexico Food Distributors Corporate Office
  • Actoprobe LLC Industrial Manufacturer Production Facility
  • A I Arias & Associates Law Firm
  • Carpenter Stout: Stout David J Law Firm
  • APS Clothing Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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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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