11620 Wilshire Ave Albuquerque, NM 87122
This exceptional .89-acre (38,768 sq ft) farm/ranch property in Albuquerque, New Mexico, presents a unique opportunity for building a custom home. Located at 11620 Wilshire Avenue NE, 87122, this level lot boasts an enviable location with convenient access to major roadways like Paseo Del Norte, Eubank, and Tramway. The property is situated within the highly desirable North Albuquerque Academy (NAA) school district, ensuring access to top-rated schools including Double Eagle Elementary, Desert Ridge Middle School, and La Cueva High School. A significant advantage is the absence of arroyos, simplifying construction and landscaping. The lot's flat terrain further enhances its buildability. A boundary survey is readily available for prospective buyers. This is an exceptional opportunity to build your dream home in a prestigious Albuquerque neighborhood surrounded by other upscale custom residences. The asking price for this remarkable property is $345,000. Don't miss this chance to secure this prime piece of Albuquerque real estate.
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
Similar Nearby for Sale
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.