Property profile

7601 Rio Grande Blvd NW Los Ranchos, NM 87107

FOR SALE
Other land
Property ID
US61-0050050
7.8 ac lot
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Property summary

AI-generated overview

7601 Rio Grande Nw is a land parcel in Los Ranchos de Albuquerque located on Rio Grande Boulevard NW, totaling 7.76 acres. The property has approximately 302 feet of frontage along Rio Grande Boulevard and extends westward to the Paseo Del Bosque Trail and the Rio Grande River, providing a rural setting with surrounding farms and equestrian facilities while remaining within reach of Albuquerque. Improvements on site include an existing uninhabitable dwelling and a storage building. The site is suited for redevelopment and could support configurations such as a single-family estate or multiple residential units, subject to applicable zoning and development requirements.

Property profile

Verified
Property type Other land
Lot 7.8 ac (339,768 SF)
UPID US61-0050050

Cap rate & NOI

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

Location

7601 Rio Grande Blvd NW Los Ranchos, NM 87107
Los Ranchos metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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