Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    12125 Central Ave Albuquerque, NM 87123

    • Commercial real estate
    • 0.79 lot acres
    For Sale
    View listing
    $435,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US61-0114786
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tuyet Son Buddhist Center / Religious Organization

    Property Details for 12125 Central Ave

    Lot size
    0.79 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.79-acre commercial land parcel, located at 12125 Central Ave NE in Albuquerque, New Mexico, presents a unique investment opportunity. Priced at $435,000, the property boasts a highly desirable MX-H zoning designation, opening doors to a variety of commercial development possibilities. The lot features a secure gated yard, enhanced by an 8-foot perimeter security fence, providing peace of mind and enhanced security. Onsite improvements include a convenient tool shed and a storage unit equipped with electricity, adding immediate practical value. An existing electrical pole is also present, simplifying utility connections. The property benefits from excellent central frontage, ensuring high visibility and accessibility. All utilities are conveniently located onsite, streamlining the development process. Situated in Bernalillo County, with a zip code of 87123, this property offers a strategic location within Albuquerque's dynamic commercial landscape. This is a rare opportunity to acquire a well-positioned, improved commercial lot ready for immediate development or investment. The combination of secure features, existing infrastructure, and prime location makes this an attractive proposition for discerning buyers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.511252
    Latitude
    35.070177

    Comparable in this City

    • $215,000
      0.66 Acres

      Albuquerque Development Land - 0.66 Acres

      Prime Albuquerque land: retail & residential potential.
      12700 Lomas Blvd, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      11.02 Acres

      Titan Innovation Center: Albuquerque Land

      11 Acres, Build-to-Suit Industrial Land
      0 Eubank Blvd, Albuquerque, NM 87123
      View Details
    • $1,475,000

      Eubank Blvd Land Opportunity

      Land with high visibility near Sandia Labs and Kirtland AFB.
      113 Eubank Blvd NE, Albuquerque, NM 87123
      View Details
    • $450,000

      Versatile Land with Income Potential

      5.38-acre property with commercial, industrial zoning, and income opportunities.
      40 Highway 66 E, Albuquerque, NM 87123
      View Details
    • $4,500,000
      99,315 SF

      Albuquerque Infill Site For Sale

      10.8 acre infill site in Albuquerque's Southeast Heights.
      110-160 Juan Tabo Blvd NE, Albuquerque, NM 87123
      View Details
    • $70,000
      0.06 Acres

      Residential Land in Four Hills

      Residential land for townhomes with utilities in Albuquerque, NM.
      447 Pinon Creek Rd SE, Albuquerque, NM 87123
      View Details

    Similar Nearby for Sale

    • $215,000
      0.66 Acres

      Albuquerque Development Land - 0.66 Acres

      Prime Albuquerque land: retail & residential potential.
      12700 Lomas Blvd, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      11.02 Acres

      Titan Innovation Center: Albuquerque Land

      11 Acres, Build-to-Suit Industrial Land
      0 Eubank Blvd, Albuquerque, NM 87123
      View Details
    • $1,475,000

      Eubank Blvd Land Opportunity

      Land with high visibility near Sandia Labs and Kirtland AFB.
      113 Eubank Blvd NE, Albuquerque, NM 87123
      View Details
    • $450,000

      Versatile Land with Income Potential

      5.38-acre property with commercial, industrial zoning, and income opportunities.
      40 Highway 66 E, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      0.43 Acres

      Albuquerque Retail Land - 0.43 Acres

      Prime Albuquerque location, high traffic, ready to develop.
      111 Glorieta St, Albuquerque, NM 87123
      View Details
    • Contact for pricing

      Albuquerque Land Parcel For Sale

      Land parcel in Albuquerque near major distribution facilities.
      13250 West I 40 Frontage Rd NW, Albuquerque, NM 87123
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      23,522 SF

      Prime Juan Tabo Commercial Land

      1 Acre, High-Traffic Location, MX-H Zoning
      109 Juan Tabo Blvd, Albuquerque, NM 87123
      View Details
    • $4,500 /Mo
      10,890 SF

      Vacant Land For Rent

      Undeveloped land suitable for storage in Albuquerque, NM.
      9901 Cochiti Rd SE, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      190,000 SF

      Titan Innovation Center: Albuquerque Land

      11-Acre Build-to-Suit in Sandia Science Park
      0 Eubank Blvd, Albuquerque, NM 87123
      View Details
    • $5,000 /Mo
      102,366 SF

      Commercial Land For Lease

      2.35 acre commercial land suitable for various business uses.
      114-156 Wyoming Blvd NE, Albuquerque, NM 87123
      View Details
    • Contact for pricing
      23,497 SF

      Retail Space in High-Traffic Corridor

      Retail space available in a high-traffic Albuquerque location.
      36-40 Hotel Cir NE, Albuquerque, NM 87123
      View Details
    • $20 SF/Yr
      5,480 SF

      Office Space in Tech Park

      Office space for rent in Sandia Science & Tech Park.
      10421 Research Rd SE, Albuquerque, NM 87123
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12125 Central Ave
    Albuquerque, NM 87123
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.