0 Ilfield Rd Albuquerque, NM 87105
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.