2000 Zearing NW Ave Albuquerque, NM 87104-2045
This exceptional 1.38-acre commercial land parcel presents a unique development opportunity in Albuquerque's vibrant Sawmill District. Located at 2000 Zearing Ave NW, this level lot boasts full municipal utility access, ensuring seamless infrastructure integration for any project. The NR-LM zoning designation permits a wide array of commercial and retail uses, providing significant flexibility for developers. Its strategic location offers unparalleled access to the bustling Sawmill Market, a popular destination for locals and tourists alike. Furthermore, the property enjoys convenient proximity to the renowned Hotel Chaco and the historic charm of Old Town Albuquerque, providing exceptional visibility and attracting a diverse clientele. This prime location within a thriving entertainment and tourist district makes it an ideal site for a variety of commercial ventures, promising strong returns on investment. The property is ready for immediate development, offering a rare chance to capitalize on the area's continued growth and high demand for commercial space. The site's flat topography simplifies construction, minimizing potential site preparation costs and accelerating project timelines. This is an exceptional opportunity to acquire a highly desirable commercial property in a prime Albuquerque location.
-
DreamSpring Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.