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Property profile & analytics
OFF-MARKET
Land

0 Sw & Unser Blvd Albuquerque, NM 87121

9.33 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.33-acre parcel in Albuquerque, New Mexico, presents a remarkable opportunity for residential development. Located at the intersection of Sage Rd SW and Unser Blvd SW (zip code 87121), this property boasts a highly desirable location within an expansive growth area featuring new homes and commercial developments. The land is zoned PD, permitting single-family homes, townhomes, or duplexes. A current site plan, already approved, allows for the construction of 83 residential units, each with a minimum lot size of 2,200 square feet. Individual lot pads are sized at 1,350 square feet (25' x 54'). The asking price is $2,643,067. Conveniently situated off Unser Blvd and Sage Rd, this property benefits from nearby utilities located within the street. Furthermore, interior roads for the subdivision will be developed by the owner and maintained by the City of Albuquerque, ensuring seamless infrastructure for the future community. This is an exceptional opportunity to capitalize on Albuquerque's thriving real estate market and create a thriving residential community. The property's strategic location and approved site plan minimize development hurdles, making this an attractive investment for experienced developers.

Property profile
Verified
Property type Land
Lot 9.33 ac (406,415 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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