Property profile

I-40 St/Arroyo Vis Blvd Albuquerque, NM 87120

OFF-MARKET
Land
20.43 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 20.43 ac (889,757 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-40 St/Arroyo Vis Blvd Albuquerque, NM 87120
Albuquerque metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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