98th St. & Sage Rd Albuquerque, NM 87121
This exceptional commercial property, located at the southwest corner of 98th Street and Sage Road SW in Bernalillo County, presents a unique investment opportunity. The site encompasses 10.76 acres of land, offering multiple retail pad sites ranging from 1.13 to 1.92 acres each. The property boasts an MX-L zoning designation, ideal for a variety of commercial uses. Situated in a rapidly expanding, underserved market area, this location benefits from exceptional visibility on 98th Street, a highly trafficked corridor providing convenient access to and from Interstate 40. The intersection sees over 36,000 vehicles daily, ensuring significant exposure for potential tenants. The property's strategic location near Atrisco Heritage High School further enhances its appeal. All utilities are readily available on-site, simplifying development and operational costs. This is an unparalleled opportunity to capitalize on the growth and high traffic volume in this thriving area. The property is available for sale or lease, making it a flexible option for various investment strategies.
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
Similar Nearby for Lease
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.