$1,600 / month
2-Bedroom House for Rent in Albuquerque, NM | 720 Woodland Ave NW
Albuquerque, New Mexico
Soft OfferPalisades RV Park Land for Sale in Albuquerque, NM | 9201 Central Ave NW
9201 Central Ave NW, Albuquerque, New Mexico 87121
$2,500,000
$696 / sq ft 3.68% cap rate Listed 55 days ago
3,590 sqft
Building
6 acres
Lot
1971
Built
1
Stories
108
Units
About this property
Palisades RV Park Land for Sale in Albuquerque, NM | 9201 Central Ave NW is a multifamily for sale in Albuquerque, New Mexico, listed at $2,500,000. Key details: year built 1971, building size 3,590 sqft, lot size 6 acres, stories 1. Listed by Coralee Quintana of Exp Realty on LoopingCloud and last updated September 17, 2026.
Located on busy West Central Avenue at 90th Street in Albuquerque, NM 87121, the Palisades RV Park land asset presents a unique redevelopment or restoration opportunity. Offered at only approx. $10 per square foot for developed land, the property features easy turn access for trailers, mature trees, and a historical designation as a 108-unit mobile home or RV park layout (note that a zoning upgrade is required for a mobile home park).
Between 2020 and 2024, the property generated gross incomes ranging from $300,000 to $350,000, creating a viable pathway to restore a thriving RV park business. The location benefits from ongoing city improvements, including City of Albuquerque West Central Avenue bike lanes and upcoming infrastructure upgrades such as a new stop light scheduled for 90th Street in 2027. The site captures high visibility with approx. 14,800 vehicles per day on Central Avenue and approx. 41,700 vehicles per day on 98th Street.
Key highlights
- Parking Ratio 30.08/1,000 SF
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1971
- Building Size
- 3,590 sqft
- Lot Size
- 6 acres
- Stories
- 1
- Total Units
- 108
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $92,051
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
3.68%
Cap rate
$92,051
Net operating income
$696
Price per sq ft
Actual - Cash Flow
Source: Yearly tax returns
Gross incomeNet operating income
| Year | Gross income | Effective gross | Expenses | NOI | Pre-tax cash flow | Cap rate |
|---|---|---|---|---|---|---|
| 2023 | $296,358 | - | $196,871 | $92,051 | - | - |
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $2,500,000 | 3.7% | - | - | - |
Features and amenities
Property Other Use Types
- Zoning NR-SU - Currently zoned for RV campground
Property Features
- Approx. 5.91 dedicated acres of land complemented by approx. 0.7 acres of easements
- Easy, convenient turn access designed for trailers and large recreational vehicles
- Beautiful mature trees providing natural shading and established site appeal
- On-site clubhouse and dedicated laundry facilities for guest convenience
- 24-hour property access supporting flexible operational models
- In-unit washer and dryer connections available within amenity areas
- Parking Ratio 30.08/1,000 SF
Highlights
- Prime Route 66 location on busy West Central Avenue with approx. 56,500 total combined vehicles per day
- Attractive pricing at approx. $10 per square foot for fully developed land in Albuquerque
- Proven historical gross income performance ranging between $300,000 and $350,000 from 2020 to 2024
- Qualified HUB Zone designation offering potential business incentives and tax advantages
- Future municipal upside driven by CABQ West Central bicycle lane improvements and a new stop light at 90th Street in 2027
Location
Address as shown by the lister.
Get directionsAbout this area - Albuquerque
- Population
- 39,006
- Housing units
- 12,835
- Land area
- 277.8 sq mi
- County
- Bernalillo
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Palisades RV Park Land for Sale in Albuquerque, NM | 9201 Central Ave NW?
Palisades RV Park Land for Sale in Albuquerque, NM | 9201 Central Ave NW is listed at $2,500,000. That works out to about $696 per square foot. The stated cap rate is 3.68%.
Where is Palisades RV Park Land for Sale in Albuquerque, NM | 9201 Central Ave NW located?
The property is in 9201 Central Ave NW, Albuquerque, New Mexico 87121, Bernalillo County.
What type of property is this?
This is a multifamily for sale in the commercial category.
How big is the property?
The building is 3,590 sqft. The lot is 6 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Coralee Quintana of Exp Realty listed this property. Use the Request Info button to send a message or call (505) 639-1266.
When was this listing published?
It was published on September 17, 2026 and last updated on September 17, 2026.
Listing information
- Listing ID
- CL-New Mexico-28504
- Published
- Sep 17, 2026
- Last updated
- Sep 17, 2026
Report a problem with this listing
Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
More from Coralee Quintana
$798,800
Development Land for Sale in Albuquerque, NM | West Paseo near Ventana Ranch 4.85 acres
Albuquerque, New Mexico
Soft Offer
$980,000
Industrial Land for Sale in Albuquerque, NM | Central & 122nd Industrial Hub
Albuquerque, New Mexico
Soft Offer
$168,000
Residential Land for Sale in Placitas, NM | Custom Home Lot in The Overlook
Placitas, New Mexico
Soft OfferSimilar properties
$198,800
Commercial
Dec 10, 2024
Multifamily
Co-op
Commercial Property for Sale in Albuquerque New Mexico 87108
325 Charleston Street SE Albuquerque, New Mexico 87108
$210,000
Commercial
Nov 9, 2026
Land
Multifamily
Prime 2.6-Acre Land Parcel for Sale in Rio Rancho – Flagstaff, AZ
6431 N Wind Cir Rise Flagstaff, Arizona 86004
$420,000
Commercial
Nov 9, 2026
Land
Multifamily
Prime 5.23-Acre Land Opportunity in Rio Rancho – Flagstaff, AZ
Tbd N Wind Cir Rise Flagstaff, Arizona 86004
$1,575,000
Commercial
Nov 5, 2026
4762 sqft
Multifamily
Duplex/Triplex/Fourplex
Prime 6 Unit Multifamily Property for Sale Infill Investment Opportunity in Little Havana, Miami, FL 33135
1619 NW 1st St Miami, Florida 33125
