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All Forum Posts by: Matthew Sweeney

Matthew Sweeney has started 2 posts and replied 4 times.

Post: Mesa Del Sol Deep Dive: Investment Potential & Market Data (Albuquerque)

Matthew SweeneyPosted
  • Rental Property Investor
  • Santa Maria, CA
  • Posts 4
  • Votes 1

Fellow Investors, let's take an analytical look at Mesa Del Sol, a significant master-planned community on Albuquerque's South Mesa poised for long-term development. Understanding its current state and future trajectory is key for identifying potential opportunities.

Current Market Snapshot (Q1/Q2 2025): Recent data (Mar 2025) indicates the Mesa del Sol Innovation Park area has shifted towards a buyer's market, with Median Days on Market increasing significantly YoY (around 45 days). However, Median Sold Prices showed robust YoY growth (approx. +21% to ~$469K), although Median Listing Prices (~$465K) saw a slight YoY dip. Price per square foot hovers in the low $200s ($214-$227). The rental market appears active, with dozens of listings typically available ($1.5K-$2.3K/month range).

Key Growth Drivers & Considerations: Mesa Del Sol's investment potential is tied to several factors:

  1. Economic Anchors: Major employers like Netflix Studios (creating ~3,500 jobs via expansions) and Fidelity Investments provide a strong base. The planned Ebon Solar factory represents a potential $942M investment and over 900 jobs, further boosting economic activity if finalized.
  2. Infrastructure & Development: Ongoing city/county investments include access improvements (University Blvd upgrades) and significant expansion of the Mesa Del Sol Regional Sports Complex, aimed at attracting regional events. Future I-25 interchanges are planned, contingent on development pace.
  3. Master Plan: Though still developing, the area has zoning for substantial future residential (13k+ units planned on remaining land) and commercial/industrial growth (10M+ sq ft), offering diverse long-term investment avenues. Public financing mechanisms (TIDD/PID) exist to support infrastructure.

Investor Takeaway: Mesa Del Sol presents a long-term play reliant on continued job growth and the phased build-out of its master plan. While current market conditions show signs of cooling (buyer's market dynamics), the significant YoY sold price appreciation and major economic developments signal underlying potential. Careful analysis of specific property types (residential, commercial, industrial) and entry points is crucial.

What are your thoughts on Mesa Del Sol's trajectory and investment appeal right now? Let's discuss below.

Link to Google Doc Comprehensive Analysis

@Rey Magana look at the Mesa Del Sol area. Not much there yet but there’s a gigantic project in the works

https://www.mesadelsolnm.com/media

Post: New Development /// Albuquerque, Mesa Del Sol

Matthew SweeneyPosted
  • Rental Property Investor
  • Santa Maria, CA
  • Posts 4
  • Votes 1

Hey everyone! I’m on the lookout for commercial real estate or land opportunities around Innovation Park in Mesa del Sol, Albuquerque. This area is buzzing with potential, and I’m excited about the chance to team up on a new project here.

I’m interested in connecting with partners who are open to a joint business venture. Whether you’re a developer, investor, or entrepreneur, if you have a vision for tapping into the growth and energy of this location, let’s talk. From co-investing to leasing or new developments, I’m open to exploring how we can make something great happen.

Feel free to reach out & let’s see where this can go!

Post: Kansas City Investor Virtual Get Together (Trying to coordinate/create)

Matthew SweeneyPosted
  • Rental Property Investor
  • Santa Maria, CA
  • Posts 4
  • Votes 1

@George Red

I’m from the area, but have been away for about a decade. Looking to invest in the local Kansas City market as well. Would love to join.