Huning Highlands Infill Multi Family Land

Vacant Land for Sale
Catylist Listing ID: 30408857
Property Subtypes: Multi-Family
Gross Land Area: 1,742 - 3,484 SF
Sale Price: $65,000 - 130,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/23/2019

Overview / Comments

Extremely popular Huning Highlands neighborhood you can build four homes with a land cost of only $32,500 each. Approvals in place and ready to go.

Before IDO Zoning this owner was able to subdivide single lot into two lots with approval to build four homes. Seller has construction plans that are nearly complete and ready for permit. Zoning Hearing Examiner Approval 8/16 and Landmarks and Urban Conservation approval 9/16.

Water and Sewer expansion charges have been paid. Hookups to main lines in alley at rear required.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Downtown
Tax ID/APN: 101405750620843510
Zoning: MX-T - Mixed-use: Transition
Property Located Between: High St just south of Coal
Property Visibility: Excellent
Legal Description: LT 3A BLK 30 PLAT OF LOT 3-A & 3-B BLOCK 30 HUNINGS HIGHLAND ADDITION CONT .0817 AC
Largest Nearby Street: Coal
Area Description: Huning Highlands is a transition neighborhood with lots of interest and activity.
Zoning Description: MX-T multi family
Topography: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,121 111,408 288,137
Median Age: 33.44 35.49 35.4
Households: 5,586 48,038 118,929
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