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    Ilfield Rd Albuquerque, NM 87105

    • Land
    • 25.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ilfield Rd

    Lot size
    25.58 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.694
    Latitude
    34.9638

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    Ilfield Rd
    Albuquerque, NM 87105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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