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Property profile

0 Sw & Sage Rd Albuquerque, NM 87121

OFF-MARKET
Land
1.98 ac lot
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Property summary

AI-generated overview

This exceptional 1.98-acre commercial land parcel is ideally situated at the hard corner of Unser Blvd SW and Sage Rd SW in Albuquerque, New Mexico, zip code 87121. Boasting unparalleled visibility with approximately 32,400 cars passing daily, this property presents a remarkable investment opportunity. The lot is zoned PD and approved for a convenience store, with in-line lots permitting drive-thru access. This prime location is within a rapidly expanding area featuring new residential and commercial developments, serving an underserved trade area ripe for business growth. The site benefits from planned interior roads that will be developed for pad users and maintained by the city, ensuring convenient access and ongoing infrastructure support. The asking price is $1,961,896.32. This high-traffic, strategically located parcel offers significant potential for a variety of commercial ventures, capitalizing on the area's robust growth and high consumer traffic. The property's location near established communities and high-density housing guarantees a substantial customer base. Don't miss this chance to secure a prominent position in Albuquerque's thriving commercial landscape.

Property profile

Verified
Property type Land
Lot 1.98 ac (86,249 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Sw & Sage Rd Albuquerque, NM 87121
Albuquerque metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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