Technical
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Property profile

114th St Albuquerque, NM 87121

OFF-MARKET
Land
51 ac lot
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Property summary

AI-generated overview

Exceptional 51+- acre commercial land opportunity in Albuquerque, New Mexico, situated at the southwest corner of 114th Street SW and Eucariz Road. This strategically located parcel offers significant development potential, with approximately 31 acres designated as developable. The property is zoned Commercial (C-1 Bernalillo County), providing flexibility for a wide range of commercial uses. A 1-acre portion is slated for donation to Bernalillo County. The property's location is further enhanced by the proposed I-40 interchange at 118th Street, which is planned to pass through the western portion of the land. Existing infrastructure includes electric transmission and distribution lines traversing the property. This presents a unique chance to acquire a substantial land holding in a rapidly growing area of Albuquerque, offering excellent long-term investment prospects. Detailed information and site plans are available upon request. Asking price is $1,300,000. Broker co-op is available. The property's address is 114th St SW, Albuquerque, NM 87121.

Property profile

Verified
Property type Land
Lot 51 ac (2,221,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

114th St Albuquerque, NM 87121
Albuquerque metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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