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Property profile & analytics
OFF-MARKET
Land

0 Paseo Del Norte & Kimmick Sec & Swc Albuquerque, NM 87120

29 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 29 ac (1,263,240 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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