Catylist ID:
#7066763
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: | 1.40 Acres |
| Sale Price: | $1,128,204 |
| Unit Price: | $805,860 Per Acre |
| Land Splits Available: | Yes |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit, Other |
| Last Updated: | 8/18/2018 |
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 |
Attachments & Media
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Bernalillo |
| Submarket/Township: | Downtown |
| Submarket Type: | Redevelopment District |
| Tax ID/APN: | ABQ103512 |
| Property Located Between: | I-40 and Lomas Blvd NW |
| Road Type: | Paved |
| Property Visibility: | Excellent |
| 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 |
| Topography: | Level |
| 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 | 110,467 | 325,236 |
| Median Age: | 35.49 | 36.45 | 35.61 |
| Households: | 6,090 | 47,405 | 133,497 |
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