Multi-Family Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30737583
Property Subtypes: Multi-Family
Gross Land Area: 0.29 Acres
Sale Price: $275,000
Unit Price: $948,275 Per Acre
Sale Terms: Undisclosed
Last Updated: 1/17/2022

Overview / Comments

Can support at least 4 four-plex's or town home concept
Zoning allows for 3-4 stories
Low apartment vacancy rate in the area
All utilities adjacent to site
Two full-access points
Surrounded by retail services
Highest walkability corridor in Albuquerque
1 mile from UNM and 10 minutes from Sandia National Labs and Kirtland AFB
Join the development activity in the Nob Hill Corridor

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Zoning: MX-T - Mixed-use: Transition
Largest Nearby Street: Central Avenue
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,308 126,153 293,149
Median Age: 41.27 35.7 37.3
Households: 9,850 55,912 128,018


Photograph of Listing Agent

John Algermissen

NAI SunVista CARNM CIE Member
Photograph of Listing Agent

Genieve Posen

NAI SunVista CARNM CIE Member
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