Property profile

0 Dr & Atrisco Dr Albuquerque, NM 87120

OFF-MARKET
Land
1.02 ac lot
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Property summary

AI-generated overview

This exceptional 1.02-acre commercial land parcel is ideally situated at the northwest corner of St. Joseph's Drive NW and Atrisco Drive NW in Albuquerque, New Mexico, zip code 87120. Zoned MX-T, this property offers significant potential for a variety of commercial uses, particularly office or medical facilities. The asking price is $400,000, translating to a land value of $9 per square foot. Its location at a signalized intersection ensures high visibility and accessibility, making it an excellent choice for businesses seeking maximum exposure. The dense population in the primary service area guarantees a strong customer base. This hard corner lot provides full access, maximizing its development potential. This is a rare opportunity to acquire a strategically located commercial property in a thriving Albuquerque neighborhood. The property is located in Bernalillo County.

Property profile

Verified
Property type Land
Lot 1.02 ac (44,431 SF)

Cap rate & NOI

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

Location

Dr & Atrisco Dr Albuquerque, NM 87120
Albuquerque metro
Google Maps

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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