Parcel for Development

Vacant Land for Sale
Catylist Listing ID: 29725269
Property Subtypes: Multi-Family, Office, Residential (Single Family)
Gross Land Area: 5,000 SF
Sale Price: $130,000
Unit Price: $26 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/1/2017

Overview / Comments

Ready to develop! This SU-2 parcel includes the plans for four Live/Work town homes and all utilities are in place. One block north of Presbyterian Hospital and walking distance to UNM, Lovelace and the Heart Hospital, this area is in the City of Albuquerque's sector plan creating more walkable neighborhoods along the Central Avenue Corridor.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Tax ID/APN: ABQ138682
Zoning: SU-2 - Special Neighborhood Zone
Market Type: Large
Property Located Between: Oak Street and Cedar
Side of Street: North
Road Type: Paved
Property Visibility: Good
Legal Description: LOT 10 BLOCK 22 PLAT OF BROWNEWELL AND LAIL'S HIGHLAND ADDITION, CONT. .1148 ac.
Largest Nearby Street: Central Ave.
Feet of Frontage: 50
Traffic/Vehicle Count: 23,400
Highway Access: I-25 via Oak St.
Area Description: The UNM area has 3 major hospitals in addition to all supporting medical services, residential, student housing, restaurants, hospitality, community commercial and much more.
Lot Frontage: 50
Lot Depth: 142
Zoning Description: SU-2 zoning allows for flexibility in the development of this property.
Topography: Gently Sloping
Soil Type: Loam
Available Utilities: Electric, Water, Gas, Sewer, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,343 112,856 292,112
Median Age: 30.42 35.56 35.71
Households: 7,206 49,604 121,699

Contact

Photograph of Listing Agent

Coralee Quintana, MBA

Absolute Investment Realty CARNM Member

Source

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