11000-11352 Central Ave Albuquerque, NM 87121
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.
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
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.