8516 Central Ave SE Albuquerque, NM 87108
This exceptional commercial land opportunity presents 25,000 square feet of vacant land ideally situated at 8516 Central Ave SE in Albuquerque, New Mexico, zip code 87108. The property is zoned MX-M, offering versatility for a wide range of commercial uses. Its location on a soft corner near Wyoming ensures high visibility and accessibility, maximizing exposure for any business. Ample parking is available, a significant advantage for customers and employees. The property's size allows for substantial development potential, catering to businesses requiring significant space. Albuquerque's robust economy and growing population create a thriving market, promising a steady stream of potential customers. This location offers an excellent opportunity for establishing a retail store, office space, restaurant, or other commercial venture. The asking price is $500,000. Broker co-op is available. Don't miss this chance to capitalize on this prime Albuquerque location.
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.