1412 Atrisco Drive NW

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1412 Atrisco Drive NW

Albuquerque, NM 87105
Asking Price
$160K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The subject property is located at 1412 Atrisco Drive NW.
  • This parcel of land is offered for $160,000.
  • The site is situated within the Albuquerque, New Mexico market.
  • The location provides access to essential regional transit routes.
  • The asset is suitable for various commercial or residential developments.

What's Special

Priced at $160,000, this land parcel at 1412 Atrisco Drive NW in Albuquerque, New Mexico, represents a development opportunity in an established submarket. The site sits within the 87105 zip code, providing proximity to local infrastructure and transit corridors serving the Albuquerque metropolitan area. As the region continues to experience diverse economic growth and demographic shifts, the demand for well-situated plots remains consistent for both commercial and residential investors seeking to capitalize on accessible metropolitan acreage. Prospective buyers might consider this asset for various development projects tailored to the needs of the surrounding community. With direct street access, the property allows for flexible site planning and potential site improvements depending on long-term investment goals. Albuquerque functions as a primary economic hub for the state, drawing businesses and residents alike due to its central location and regional connectivity. This parcel is positioned to serve as a functional addition to a broader real estate portfolio in the Southwest.

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NOI
$80,000
Cap Rate
50.00%
DSCR
8.42
Strong
Cash-on-Cash
146.88%
Monthly Payment
$791.593
Annual Cash Flow
$70,500.888

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