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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11000-11352 Central Ave Albuquerque, NM 87121

4.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.4-acre property, located at 11000-11352 Central Ave SW in Albuquerque, New Mexico, presents a compelling investment opportunity. Zoned MX-M, this land offers significant potential for immediate development or long-term holding. Priced at $622,500 ($3.25/sq ft), the site boasts a prime location just west of the rapidly growing intersection of Central and 98th Street in Bernalillo County. The property comprises two parcels and enjoys excellent frontage on Central Avenue and Sunset Gardens Road (an undeveloped road). This area has experienced substantial recent growth, with several large parcels acquired by developers for new retail projects. Nearby businesses include the Albuquerque Animal Welfare Department and Fire Academy. The property's strategic location provides easy access to I-40 and is conveniently situated near existing shopping amenities. Its location on historic Route 66 (Central Ave) adds further appeal. This is a rare chance to capitalize on a thriving market and secure a valuable asset in a high-growth area of Albuquerque. The property's zoning and location make it ideal for a variety of industrial or self-storage developments.

Property profile
Verified
Property type Retail properties & Spaces
Lot 4.4 ac (191,664 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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