Mcmahon & Universe Blvd Albuquerque, NM 87114
- Land
- 6.01 lot acres
Current Use by Public Records
- Land
Property Details for 0 Mcmahon & Universe Blvd
- Lot size
- 6.01 lot acres
- Property type
- Land
Description
This exceptional 6.01-acre vacant land parcel presents a remarkable investment opportunity in Albuquerque, New Mexico. Strategically located near the newest Central New Mexico Community College (CNM) campus and less than three miles south of the expansive 66-acre Presbyterian Rio Rancho Medical Center, this property enjoys high visibility and accessibility. The site boasts excellent daily traffic counts, with McMahon Boulevard averaging approximately 11,600 cars per day and Universe Boulevard registering approximately 9,600 cars per day. Situated within the burgeoning Paradise West planned community, this land is ideally suited for a variety of high-density developments. Potential uses could include an assisted living facility or high-density apartment complex, capitalizing on the area's rapid growth and increasing demand for housing and senior care services. The property's location offers significant advantages, placing it within close proximity to educational institutions, healthcare facilities, and a thriving residential community. Seller financing is available for qualified buyers, making this an even more attractive proposition. The property is located at McMahon & Universe Blvd., Albuquerque, NM 87114, in Bernalillo County. This is a rare chance to acquire a substantial land parcel in a prime Albuquerque location with significant development potential. Don't miss this opportunity to secure your stake in this rapidly growing area.
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
- Bernalillo
- State
- New Mexico
- Longitude
- -106.727
- Latitude
- 35.2119
