Paseo Del Norte & Kimmick Sec & Swc Albuquerque, NM 87120
- Land
- 29.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Paseo Del Norte & Kimmick Sec & Swc
- Lot size
- 29.00 lot acres
- Property type
- Land
Description
This exceptional 29-acre commercial land parcel, located at the southeast and southwest corners of Paseo Del Norte and Kimmick in Albuquerque, New Mexico (zip code 87120), presents a unique investment opportunity. Priced at $10,042,758 ($7.95/SF land value), this property is zoned MX-L and boasts complete infrastructure readiness. All utilities are connected to the site, significantly reducing development costs and timelines. A signalized intersection ensures high visibility and accessibility, making it ideal for a variety of commercial uses. The property is further enhanced by the availability of impact fee credits and the inclusion of completed off-site improvements within the asking price. The strategic location offers convenient access to established public schools, shopping centers, and thriving residential communities, guaranteeing a strong potential for return on investment. Lot splits are permitted, providing flexibility for developers to tailor the property to their specific needs. This is a rare opportunity to acquire a fully prepared, centrally located commercial land parcel in a rapidly growing area of Albuquerque. Don't miss this chance to capitalize on the significant potential of this prime development site.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.747
- Latitude
- 35.151
