7540 Isleta Blvd Albuquerque, NM 87105
This exceptional 1.8-acre property, located at 7540 Isleta Blvd SW in Albuquerque, New Mexico (zip code 87105), presents a unique investment opportunity. Situated conveniently off I-25 and Exit 314, this mixed-use lot boasts high visibility and accessibility. The property is zoned C-1 in Bernalillo County, within the Isleta Sector Plan, making it perfect for a variety of commercial ventures, particularly those with drive-thru capabilities, such as fast-food restaurants. The lot also includes a rear portion with R-1 zoning, offering potential for residential development or rezoning for additional commercial use. City water and sewer are readily available on-site, with PNM, NMGAS, and cable services accessible at the property line. The high traffic volume on I-25 and the proximity to Exit 314 ensure significant exposure. Nearby businesses include Jerry's Market, De Anza Vet Clinic, Dollar General, and a Chevron station, further enhancing the property's desirability. The anticipated occupancy date is November 6, 2024. This is a remarkable opportunity to acquire a strategically located parcel in a thriving Albuquerque area. The asking price is $545,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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