NWQ 98th St. & Gibson Blvd. SW

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NWQ 98th St. & Gibson Blvd. SW

Albuquerque, NM 87121
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial development site encompassing 22.144 acres of land
  • Strategically situated at 98th St. and Gibson Blvd. SW
  • Located within the growing Albuquerque metropolitan real estate market
  • Versatile tract suitable for regional commercial or retail projects
  • Large acreage allows for significant site-specific development plans

What's Special

Development potential defines this 22.144-acre commercial land parcel located at the northwest quadrant of 98th St. and Gibson Blvd. SW in Albuquerque, New Mexico. The size and positioning of this site offer a foundation for large-scale commercial projects, retail centers, or regional distribution facilities within a growing suburban area of the city. Albuquerque maintains a diverse economy driven by aerospace, technology, and government sectors, providing a stable backdrop for new commercial development. The property benefits from its proximity to major transit corridors, facilitating access across the metropolitan region for logistics or customer-facing businesses. Investors and developers have the opportunity to acquire a substantial tract of land in a strategic location suitable for long-term commercial growth and infrastructure investment. This parcel provides the scale necessary to accommodate significant expansion or site-specific construction plans in an evolving market corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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