I-40 St/Arroyo Vis Blvd Albuquerque, NM 87120
- Land
- 20.43 lot acres
Current Use by Public Records
- Land
Property Details for I-40 St/Arroyo Vis Blvd
- Lot size
- 20.43 lot acres
- Property type
- Land
Description
This exceptional 20.426-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Strategically located at the intersection of I-40 and 98th Street/Arroyo Vista Boulevard, this property boasts unparalleled visibility to westbound I-40 traffic. The land is zoned A-1 within Bernalillo County, offering significant development potential. Its proximity to a proposed Presbyterian Hospital and Town Plaza site ensures future growth and increased property value. The site benefits from readily available wet utilities in the immediate vicinity, simplifying infrastructure development. This long-held family property comes with the added advantage of seller cooperation throughout the entitlement process, streamlining the path to project realization. The substantial acreage and prime location make this an ideal site for a variety of commercial ventures, capitalizing on the area's burgeoning growth and high traffic volume. This is a rare opportunity to acquire a large, well-situated parcel in a rapidly developing area of Albuquerque. The property's size and zoning provide flexibility for a wide range of commercial developments. The seller's commitment to assisting with entitlements further enhances the attractiveness of this exceptional investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- New Mexico
- State
- New Mexico
- Longitude
- -106.747
- Latitude
- 35.0869
