Current Use by Public Records
- Land
Property Details for 528 & Venada Plz Dr
- Lot size
- 18.66 lot acres
- Property type
- Land
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bernalillo
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.576
- Latitude
- 35.3168
