Broadbent Parkway Northeast

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Broadbent Parkway Northeast

Albuquerque, NM 87107
Asking Price
$400K
Asset Type
Retail
Class
Class B

AI Property Summary

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

  • Retail development site spanning 0.625 acres for sale
  • Located on Broadbent Parkway Northeast in Albuquerque, New Mexico
  • Asking price for the land parcel is $400,000
  • Ready-to-build pad site situated in Broadway Business Park
  • Well-positioned for various retail or commercial business uses

What's Special

This 0.625-acre retail pad site sits along Broadbent Parkway Northeast in Albuquerque, offering a strategic location within the established Broadway Business Park area. The ready-to-build parcel provides a blank canvas for development in a central regional hub that serves a diverse commercial and industrial base. Given the surrounding business infrastructure and accessibility, the site is well-positioned for retail operations or service-oriented businesses aiming to capture local traffic in this active commercial corridor. Albuquerque continues to function as a significant economic engine for New Mexico, characterized by a steady mix of logistics, technology, and service sectors. Investors and owner-users will find the location suitable for projects requiring visibility and proximity to major city arteries. The available land provides an efficient footprint for retail expansion or new construction projects intended to serve the expanding regional population.

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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