Shelly Dr Albuquerque, NM 87151
- Land
- 350.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Shelly Dr
- Lot size
- 350.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This expansive 350-acre property in Albuquerque, New Mexico, presents a unique investment opportunity. Located in Bernalillo County, near Shelly Dr SW, zip code 87151 (35.0311136, -106.8554995), this large vacant land site offers significant potential for various uses. Its strategic location provides adjacency to both the Santolina Solar Energy Center and Sandia Speedway, opening doors for synergistic development possibilities, including potential speedway-related ventures. The property has already received approval for landfill use, providing a clear pathway for waste management operations. Furthermore, its size and location make it highly suitable for large-scale solar or other renewable energy projects. The substantial acreage also presents the possibility of lucrative land lease agreements, generating passive income streams. The asking price for this exceptional property is $5,250,000. This versatile land parcel offers a compelling investment opportunity for developers and entrepreneurs seeking a significant foothold in a rapidly growing area of New Mexico. The property is classified as both agricultural and commercial, allowing for a wide range of development options.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.855
- Latitude
- 35.0311