818 Brahma South Valley, NM 87105
This exceptional 1.55-acre (67,518 sq ft) agricultural property in Albuquerque, New Mexico, presents a unique opportunity. Located at 818 Brahma SW, 87105, in Bernalillo County, this South Valley lot offers significant potential. The property boasts valuable irrigation rights via an acequia, providing a reliable water source. Backyard access is conveniently located adjacent to the ditch. While zoned residential, the property presents possibilities for various agricultural uses. Note that any home built on this land must be a minimum of 1800 square feet. Furthermore, fencing must be pipe fencing only, and construction must not obstruct existing views. The asking price for this remarkable parcel is $299,000. This is a rare opportunity to acquire a sizable piece of land with established irrigation in a desirable location. Don't miss out on this chance to own a piece of Albuquerque's rich agricultural heritage.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.