Catylist ID:
#28288451
Vacant Land AVAILABLE FOR SALE OR LEASE - DEVELOPMENT OPPORTUNITY
Vacant Land
for Lease
| Catylist Listing ID: | 28288451 |
| Property Subtypes: | Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other |
| Gross Land Area: | 59,677 SF |
| Lease Rate: |
$2,500 (Monthly) $0.50 PSF (Annual) |
| Lease Types: | Ground Lease |
| In Opportunity Zone? | Yes |
| Adjacent Parcels Available: | Yes |
| Last Updated: | 8/23/2019 |
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: Area & Sector Plans Page To see uses of MX-M Zoning, visit: http://documents.cabq.gov/planning/agis/IDO/UseTables/AllowableUses-MX-M.pdf JOINT VENTURE WELCOME, OWNER FINANCING AVAILABLE TO QUALIFIED BUYER. LAND LEASE OPTION OR BUILD TO SUIT OPTION AVAILABLE. BRING ALL OFFERS!DEVELOPERS DREAM! Hub Zone Qualified • Parcel is located in a Metropolitan Redevelopment Area • 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. • Drive-Thru Availability 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: | ABQ103461 |
| Zoning: | MX-M - Mixed-use: Moderate Intensity |
| Property Located Between: | I-40 and Lomas Blvd NW |
| Property Visibility: | Excellent |
| Largest Nearby Street: | I-40 and I-25, just North of Lomas NW |
| Highway Access: | EASY ACCESS TO BOTH I-40 AND I-25 FREEWAYS THE BIG I - INTERSTATE |
| Airports: | ABQ 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: | READY FOR DEVELOPMENT BRING OFFERS - CITY NEEDS URBAN INFILL AVAILABLE FOR SALE or LEASE |
| Zoning Description: | M-1 with lots of options, see 4TH STREET SECTOR PLAN - ALREADY APPROVED BY EPC and city of ABQ is open to incentives! |
| Development Name: | URBAN INFILL OPPORTUNITY |
| Topography: | Level |
| Easements: | Utilities |
| 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 |
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