Property profile

11807 Nm-337 Tijeras Nm Usa Tijeras, NM 87059

OFF-MARKET
Land
7.8 ac lot
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Property summary

AI-generated overview

This exceptional 7.8-acre commercial land parcel in Tijeras, New Mexico, presents a remarkable development opportunity. Located in the heart of Tijeras, the property boasts a highly desirable CB-1 zoning designation, making it suitable for a wide range of commercial ventures. The site features completed drainage plans and conveniently stubbed-in utilities, including natural gas, a two-inch water line, and three-phase power, significantly reducing development hurdles and accelerating project timelines. With a strategic location less than half a mile from Interstate 40 and NM Highway 333, the property benefits from exceptional visibility and accessibility, enjoying frontage on NM Highway 337, complete with a dedicated turn lane for easy ingress and egress. The high traffic volume of over 60,000 vehicles per day ensures significant exposure for any development. This offering represents a rare chance to acquire a fully prepared commercial site in a thriving New Mexico community, ready for immediate development. The asking price is $3,200,000. The property's strategic location and infrastructure readiness make it an ideal investment for developers seeking a prime location with minimal upfront development costs. This is a unique opportunity to capitalize on the growing commercial landscape of Tijeras, NM. The property is situated in Bernalillo County, zip code 87059, at 11807 NM-337.

Property profile

Verified
Property type Land
Lot 7.8 ac (339,768 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11807 Nm-337 Tijeras Nm Usa Tijeras, NM 87059
Tijeras metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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