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Property profile & analytics
OFF-MARKET
Land

528 & Venada Plz Dr Bernalillo, NM 87004

18.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 18.66-acre commercial land parcel in Bernalillo, New Mexico, presents a unique investment opportunity. Located at the intersection of Hwy 528 and Venada Plaza Drive, this property boasts high visibility with over 27,000 cars passing daily. The land is zoned SU by the Town of Bernalillo and offers paved access with readily available utilities. Its prime location is adjacent to a Walmart Supercenter and surrounded by national retailers such as Albertson's, TJ Maxx, Ross, and Michael's, ensuring high traffic and strong consumer presence. The property's size allows for various development options, including multi-family housing, senior living facilities, skilled nursing facilities, equipment sales, or auto sales. Enjoy stunning Sandia Mountain views and the convenience of nearby amenities such as grocery stores, restaurants, financial services, and entertainment. The property is divided into a north parcel (approximately 1.10 to 18.66 acres) and a south parcel (approximately 7.6 acres). The land value ranges from $5.50 to $14 per square foot. This high-growth area offers strong daytime employment, making it an ideal location for a variety of commercial ventures. A potential joint-venture opportunity may also be available. APN: R182964.

Property profile
Verified
Property type Land
Lot 18.66 ac (812,830 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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