Montgomery And Juan Tabo Albuquerque, NM 87111
- Land
Current Use by Public Records
- Land
Property Details for 0 Montgomery And Juan Tabo
- Property type
- Land
Description
This exceptional 60,000 square foot commercial land parcel presents a rare opportunity in Albuquerque's desirable Far Northeast Heights. Located at the intersection of Montgomery and Juan Tabo, this pad-ready lot boasts a prime location within an established trade area, experiencing high traffic volume. With over 20,000 cars traversing Montgomery Boulevard daily, this site offers unparalleled visibility and accessibility for any commercial venture. The property is zoned MX-L, allowing for a variety of commercial uses. All utilities are conveniently located in the street, simplifying development and reducing infrastructure costs. This is one of the last remaining lots in this highly sought-after area, making it an exceptional investment opportunity. The asking price is $992,000, translating to a land value of $16.50 per square foot. Multiple access points further enhance the property's convenience and appeal, making it ideal for businesses seeking high visibility and easy access for customers and employees. This is a truly unique opportunity to secure a prominent location in a thriving Albuquerque neighborhood. Don't miss out on this exceptional chance to establish your business in a high-traffic, densely populated area.
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
- -106.516
- Latitude
- 35.1306