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Property profile & analytics
OFF-MARKET
Land

0 Ilfield Rd Albuquerque, NM 87105

25.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 25.58-acre property in Albuquerque, New Mexico, presents a unique investment opportunity. Located on Ilfield Rd SW, zip code 87105, this land boasts A-1 Bernalillo County zoning, offering versatility for various uses. Currently utilized for farming by a tenant, the property's agricultural potential is evident. The asking price is $950,000, translating to $37,138 per acre. Its strategic location provides access to irrigation ditches (verification of benefits is recommended for the buyer). Utilities are potentially available in the area, although interested parties should independently confirm availability. The property's rural setting makes it an excellent choice for establishing a horse farm or exploring future subdivision possibilities. Noteworthy is its adjacency to a 48-acre parcel that has been subdivided and offers land at $70,000 per acre (1.25-acre lots). The seller is open to considering seller financing, making this an attractive proposition for qualified buyers. This property offers a blend of agricultural potential and development opportunities in a desirable Albuquerque location.

Property profile
Verified
Property type Land
Lot 25.58 ac (1,114,265 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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