4615 Wyoming BlvdAlbuquerque, NM 87111

  • Commercial land
  • 1.53 AC
For Sale

Property Details for 4615 Wyoming Blvd

Lot size
1.53 AC
Property type
Commercial land
APN
1-019-061-489-049-4-05-08
APU
101906148904940508

Description

This exceptional 2.2-acre commercial land parcel in Albuquerque, New Mexico, presents a unique development opportunity. Located at 4615 Wyoming Blvd NE, in Bernalillo County, zip code 87111 (35.1321244, -106.5512149), this flat, level site boasts an MX-M zoning designation, permitting a variety of commercial uses. The property enjoys unparalleled visibility and accessibility, with exposure to over 77,000 vehicles daily on Wyoming and Montgomery Boulevards. Its strategic location is further enhanced by its adjacency to high-performing national brands: a McDonald's and a Starbucks, both ranking in the top 30% and 20% nationally, respectively, in customer visits. Infrastructure is already in place, including defined circulation drives and all utilities on-site. This shovel-ready site is particularly well-suited for retail and multifamily development, with a nearly complete (approximately 80%) site design already available for multifamily housing. This prime location and existing infrastructure significantly reduce development time and costs, making it an attractive investment for discerning developers. Don't miss this chance to capitalize on a truly exceptional Albuquerque commercial development opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,904,314
    Hospitality
    $9,988,293
    Educational
    $8,310,143
    Medical
    $8,595,941
    Retail
    $12,926,889
4615 Wyoming Blvd, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.132
Longitude
-106.552
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,105
$148,085
-
$148,085
-
$444,300
-
$444,300

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