Edith Land/Residential Subdivision
Vacant Land
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
28701552 |
Property Subtypes: |
Agricultural, Residential (Single Family)
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Status: |
Pending/Contingent |
Gross Land Area: |
7.19 Acres
|
Sale Price: |
$650,000 |
Unit Price: |
$90,403 Per Acre |
Adjacent Parcels Available: |
Yes |
Sale Terms: |
Cash to Seller, Owner Financing |
Cap Rate: |
Undisclosed |
Last Updated: |
1/18/2021 |
Overview / Comments
This land tract is a great opportunity for a small builder to create a very nice subdivision. To the north, is the Los Colinas subdivision, where homes are mid-priced and to the south is a custom home subdivision with 1 AC lots. The seller has had this in the family for many years and decided it is time to sell. Terms or trade may be possible!
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Additional Details
Nearest MSA: |
Albuquerque |
County: |
Bernalillo |
Submarket/Township: |
North I-25 |
Tax ID/APN: |
101606310301830207 |
Zoning: |
R-1 - Residential: Single-family |
Market Type: |
Medium |
Property Located Between: |
Osuna and Montono |
Side of Street: |
East |
Road Type: |
Paved |
Property Visibility: |
Good |
Largest Nearby Street: |
Osuna |
Transportation: |
Highway |
Highway Access: |
A bridge must be built over the arroyo to access the street. |
Site Description: |
This land is well positioned for a small residential developer who wants to build a subdivision. Rectangular in shape makes it easy to split up into lots with little effort. |
Area Description: |
The properties on either side are single family residential of medium and high end homes. |
Zoning Description: |
Currently zoned as A-1 and its best use is R-1. |
Topography: |
Gently Sloping |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
8,452 |
90,081 |
269,083 |
Median Age: |
38.74 |
38.24 |
39.6 |
Households: |
3,653 |
38,999 |
115,398 |
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