0 Nw & 120- Paradise Albuquerque, NM 87114
This exceptional 4.85-acre commercial land parcel presents a unique development opportunity in Albuquerque, New Mexico. Located at the corner of Paseo del Norte NW and Del Oeste Drive NW, in the 120-Paradise West area, this property boasts a prime location just one mile west of Ventana Ranch. The parcel is zoned B8, offering flexibility for various commercial projects. With a total land area of 211,175 square feet, the asking price is $750,000, translating to $3.55 per square foot. The property's address is Paseo del Norte NW, Albuquerque, NM 87114, and its Bernalillo County Assessor's Parcel Number (APN) is 100806518103330107. Its strategic location near Ventana Ranch and major roadways provides excellent visibility and accessibility, making it an attractive investment for developers seeking high-impact commercial ventures. The substantial lot size allows for a wide range of development possibilities, catering to diverse commercial needs. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly growing area of Albuquerque. The property's advantageous zoning and proximity to established residential areas create a strong foundation for a successful development project.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.