0 Nec Rio Bravo & Broadway Blvds. Albuquerque, NM 87105
This exceptional 2.36-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Situated at the northeast corner of Rio Bravo and Broadway Boulevards SE, this property boasts a highly desirable M-2 zoning designation, opening doors to a wide array of commercial development possibilities. The location offers unparalleled visibility and accessibility, with a full-signalized intersection ensuring convenient ingress and egress. This hard-corner lot benefits from exceptional traffic counts, exceeding 50,000 vehicles daily, making it an ideal location for businesses seeking high exposure. The site's strategic position serves as a gateway to over 118,000 residents in the Southwest Mesa area, a vastly underserved retail trade area ripe for development. Further enhancing its appeal is the proximity to a Railrunner station, contributing to increased foot traffic and accessibility. The land is priced at $15 per square foot, representing a compelling value proposition given its prime location, high traffic volume, and significant development potential within a thriving community. The property's address is in Albuquerque, Bernalillo County, New Mexico, zip code 87105. This is a rare opportunity to acquire a substantial commercial land parcel in a high-growth area with excellent visibility and accessibility.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.