8200 Carmel Ave Albuquerque, NM 87122
- Office buildings
- 1.77 lot acres
Current Use by Public Records
- Dan Carpenter, Coldwell Banker Legacy, Real Estate Broker / Real Estate Agent
- Coldwell Banker Legacy - Paseo Del Norte / Real Estate Agent / Real Estate Agency
- Guild Mortgage Company / Consultant / Mortgage Lender
- Guild Mortgage - Katrina Moore / Mortgage Lender / Consultant
- Jonathan Hamilton - Realtor - Coldwell Banker Legacy - jonathanhamiltonabq / Real Estate Agent
Property Details for 8200 Carmel Ave
- Lot size
- 1.77 lot acres
- Property type
- Office buildings
- APN
- 1-019-064-429-051-4-02-16
- APU
- 101906442905140216
Description
This exceptional 1.77-acre commercial land parcel presents a rare ground lease or build-to-suit opportunity in Albuquerque, New Mexico. Located at 8200 Carmel NE, this highly visible site boasts 165 feet of frontage along Paseo Del Norte Boulevard, offering excellent visibility and accessibility. The property's MX-T zoning permits a variety of uses, making it ideal for office or medical-retail development. Its strategic location provides easy access to I-25 and places it in close proximity to numerous national retailers including Smith's, Big 5, and Dollar Tree, ensuring high traffic and customer visibility. An existing access road caters to the needs of medical transport, adding further appeal to potential medical users. The property's location on the going-home side of Paseo Del Norte ensures optimal exposure to a large daily commuter traffic flow. This prime Albuquerque location offers a unique chance to establish a thriving business in a high-demand area. The APN is 101906442905140216. This is a truly exceptional opportunity for investors and developers seeking a high-impact commercial property in a thriving Albuquerque market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $435,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $550,000
- 6.5%
- $535,000
- 7%
- $500,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $545,000
- Geo Method
- $530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $540,000
- Retail
- $545,000
- Mixed-Use
- $600,000
- Hospitality
- $600,000
- Educational
- $590,000
- Residential Income
- $575,000
- Energy
- $615,000
- Income-Based Land
- $600,000
- Food Service
- $600,000
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.554
- Latitude
- 35.175
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA