1701 Randolph Ct Albuquerque, NM 87106
This exceptional 1.32-acre commercial land parcel, located at 1701 Randolph Ct SE in Albuquerque, New Mexico, presents a unique build-to-suit opportunity. Priced at $400,000, this vacant lot boasts stunning views of the Albuquerque skyline and is situated in a highly desirable Opportunity Zone. The property's zoning designation is NR-BP, allowing for a variety of potential uses including office space, industrial facilities, charter schools, veterinary services, and fitness centers. Its strategic location offers easy access to major transportation arteries such as I-25, Kirkland Airport Base, and Sunport International Airport, as well as the University of New Mexico. Existing improvements are on the site. The seller is open to exploring ground lease and/or partnership options. This is an exceptional investment opportunity for developers seeking a prime location with significant potential for growth and return. The property's 87106 zip code and convenient access to key infrastructure make it an ideal location for a wide range of commercial ventures. Don't miss this chance to acquire a valuable asset in a thriving Albuquerque market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.