For Sale
$1,200,000

Universe Blvd Albuquerque, NM 87114

Prime 6-acre commercial lot near university.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 6.01-acre commercial land parcel presents a unique investment opportunity in Albuquerque, New Mexico. Located at 0 Universe Blvd NW & McMahon, Albuquerque, NM 87114, this R-6 zoned property boasts a total area of 261,796 square feet and is priced at $4.00 to $4.50 per square foot, totaling $1,200,000. Situated in the rapidly growing Paradise West master-planned community, this site offers significant potential for various high-density developments, including assisted living facilities or apartments. Its strategic location directly across from a new Central New Mexico Community College (CNM) campus and less than three miles south of the 66-acre Presbyterian Rio Rancho Medical Center provides exceptional access to a large and growing population base. The surrounding area exhibits high traffic counts, with approximately 12,000 vehicles passing McMahon and 12,700 vehicles passing Universe daily. Seller financing may be available to qualified buyers. This is an excellent opportunity for multi-use high-density development in a thriving Albuquerque neighborhood. The property's zoning and location make it an ideal candidate for a variety of commercial projects, capitalizing on the area's strong growth trajectory and proximity to key amenities and educational institutions.

Highlights

  • 6.01-acre commercial land parcel in Albuquerque, NM.
  • R-6 zoned, 261,796 square feet, priced $1,200,000 ($4.00-$4.50/SF).
  • Located in the Paradise West master-planned community, ideal for high-density development (assisted living, apartments).
  • Excellent location across from CNM campus and near Presbyterian Rio Rancho Medical Center.
  • High traffic counts (approx. 12,000+ vehicles daily on adjacent roads).
  • Seller financing may be available.

Property Details for 0 Universe Blvd

Property type
Land
Lot Size (sq. ft)
261,796 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.2119384
Longitude
-106.7273886

FAQs

What type of property is this?
Land - Prime 6-acre commercial lot near university.
Where is the land located?
The property is located at Universe Blvd Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6.01-acre commercial land parcel in Albuquerque, NM.; R-6 zoned, 261,796 square feet, priced $1,200,000 ($4.00-$4.50/SF).; Located in the Paradise West master-planned community, ideal for high-density development (assisted living, apartments).
How can I contact the broker?
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0 Universe Blvd
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