I-25 And Rio Bravo Albuquerque, NM 87105
- Land
- 369.00 lot acres
Current Use by Public Records
- Land
Property Details for I-25 And Rio Bravo
- Lot size
- 369.00 lot acres
- Property type
- Land
Description
This exceptional 369-acre commercial land parcel presents a unique investment opportunity in Albuquerque's thriving South I-25 Employment Corridor. Strategically located at I-25 and Rio Bravo, in Bernalillo County (zip code 87105), this property boasts an unparalleled location within a major employment hub. The site is zoned M-2, permitting a diverse range of commercial uses including retail, office, industrial, and distribution facilities. The land is divisible into tracts ranging from 4 to 126 acres, offering flexibility for various development scenarios. Existing infrastructure includes access to public water and sewer services. Furthermore, the property benefits from its proximity to a significant workforce, with approximately 122,000 employees within a 5-mile radius and over 240,000 within 8 miles. Major employers in this area include the University of New Mexico (UNM), Kirtland Air Force Base, Sandia National Labs, Presbyterian Hospital, UNM Hospital, Lovelace Hospital, the City of Albuquerque, and the State of New Mexico. The area's growth is further fueled by recent developments such as Lobo Village, Valley View Villas Apartments, and University Village, increasing demand for new services. Economic development incentives, including GRIP and LEDA programs, are available to support development projects. Finally, improvements to the area's infrastructure, including the Sunport Boulevard extension and interchange, will enhance connectivity and accessibility to this prime location.
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
- -106.658
- Latitude
- 35.0271
