Edith Land/Residential Subdivision

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 28701552
Property Subtypes: Agricultural, Residential (Single Family)
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: 4/8/2021

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!

Attachments & Media

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

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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


Photograph of Listing Agent

Richard Hanna

Hanna Commercial, LLC CARNM CIE Member
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