Vacant Land - SEC 4th Street & McKnight NW

Vacant Land for Sale
Catylist Listing ID: 7066763
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 59,677 SF
Sale Price: See Agent
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit, Other
Last Updated: 10/9/2017

Overview / Comments

Conveniently located to both interstates, hospitals, and the Downtown Central Business District. Located at the SE corner of Fourth st and McKnight, this property is ready for redevelopment opportunities! Property is part of North 4th Sector Plan. See link to view PDF of entire plan:

http://www.cabq.gov/council/projects/completed-projects/2010/north-4th-street-rank-iii-corridor-plan

JOINT VENTURE WELCOME, OWNER FINANCING AVAILABLE TO QUALIFIED BUYER.

LAND LEASE OPTION AVAILABLE - CALL APRIL TO DISCUSS ALL OPTIONS
BRING ALL OFFERS!DEVELOPERS DREAM!

Hub Zone Qualified

• Parcel is located in North Fourth Transit Oriented
Development (NFTOD) District.
• City of Albuquerque, in an effort to encourage urban in-fill
development and affordable housing, has approved multi-story
MUH and mixed use developments and will expedite
approval process for developers.
• MRA - No Impact Fees!
• Form-Based Zoning Overlay to allow for High Density & Additional Uses.
• Sector Plan Approved by EPC, to allow for Fast-Track Permitting.
• Possible Uses Include: Medical/Urgent Care/Physical/Occupational
Therapies/Kidney Dialysis, Mixed-Use, Retail, Hospitality, and more.

Conveniently Located near:
• I-25 and I-40
• Hospitals
• UNM & CNM
• Old Town, Galleries & Museums
• Pueblo Cultural Center & Indian School Redevelopment
• Downtown Central Business & Courthouse District
• Property fronted by 4th Street, McKnight, and 3rd Street with possible access from these three streets
• Located in central Albuquerque, close to downtown, Interstate 40 & 25 without congestion from major medical centers

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Downtown
Tax ID/APN: ABQ103512
Property Located Between: I-40 and Lomas Blvd NW
Road Type: Paved
Property Visibility: Good
Largest Nearby Street: 4th street NW - just south of interstate I-40
Transportation: Bus
Highway Access: Interstate I-25 and I-40 150,000-160,000 + vehicles per day
Airports: Albuquerque international airport
Site Description: Conveniently located to both interstates, hospitals, and the Downtown Central Business District.Located at the SE corner of Fourth st and McKnight, this property is ready for redevelopment opportunities!
Area Description: UNDER SERVED URBAN INFILL NEIGHBORHOOD - SEE 4TH STREET SECTOR PLAN - EPA APPROVED ENHANCEMENTS WITH ZONING OVER LAY OPPORTUNITIES - CALL APRIL TO DISCUSS ALL OPTIONS
Zoning Description: UNDER SERVED URBAN INFILL NEIGHBORHOOD - SEE 4TH STREET SECTOR PLAN - EPA APPROVED ENHANCEMENTS WITH ZONING OVER LAY OPPORTUNITIES - CALL APRIL TO DISCUSS ALL OPTIONS
Part of Planned Development?: Yes
Development Name: 4TH STREET SECTOR PLAN - REDEVELOPMENT DISTRICT
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,251 114,801 320,385
Median Age: 35.49 36.23 35.75
Households: 6,090 49,361 132,047

Contact

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