8400 Jefferson StAlbuquerque, NM 87113
- Commercial land
- 1.86 AC
Property Details for 8400 Jefferson St
- Lot size
- 1.86 AC
- Property type
- Commercial land
- APN
- 1-017-064-355-188-4-02-50
- APU
- 101706435518840250
Description
This exceptional 1.86-acre commercial and industrial land parcel, located at 8400 Jefferson St NE in Albuquerque, New Mexico, presents a rare development opportunity. Priced at $1,340,000 ($16.50+/sf), this property boasts a prime location with excellent visibility and easy access to Interstate 25, experiencing high traffic counts of 26,136 cars per day (2018 data). The site is zoned NR-LM (Light Manufacturing), allowing for a variety of potential uses. Key features include significant frontage along Jefferson Street, enhanced by an existing median cut and left-turn lane, and a pre-existing drive pad. Its strategic location near major traffic generators such as Balloon Fiesta Park, a proposed United Soccer Complex, and dealerships for CarMax, Land Rover, Audi, Porsche, and Toyota, ensures high potential for business growth and visibility. A lease rate of $1.15+/sf NNN is also possible, with build-to-suite options potentially available. This property offers a unique blend of accessibility, visibility, and zoning flexibility, making it an ideal investment for developers and businesses seeking a prominent location in Albuquerque's thriving North I-25 corridor. The property's address is 8400 Jefferson St NE, Albuquerque, NM 87113, within Bernalillo County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $13,317,905
- Hospitality
- $12,199,129
- Educational
- $10,149,532
- Medical
- $10,498,590
- Retail
- $15,788,162
Location Insight
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Latitude
- 35.1792
- Longitude
- -106.592
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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