Downtown Area !!!!! This exceptional vacant corner lot offers a rare opportunity to build. Whether you're a builder, investor, or future homeowner, this is prime location and convenience to everything. Don't Miss Out!!!!! Zoning, permitted uses and utility availability to be verified by buyer.
Prime downtown Albuquerque development opportunity at 601 Aspen Ave NW. This .33-acre corner lot at 6th & Aspen is flat, cleared, and ready to build immediately. Included is a 60' x 80' (4,800 SF) prefabricated office/warehouse with 21' peak height. Fully approved plans and permits from the City of Albuquerque are already in place--start construction tomorrow. Zoned NR-LM (Non-Residential Light Manufacturing), allowing for a wide range of uses. Ideal for investors or owner-users seeking a streamlined project with strong upside and built-in equity potential upon completion. We can build for you or bring your own contractor!
** NEW REDUCED PRICE! Development opportunity in Albuquerque's Huning Highland Historic District. Two adjoining parcels with plans to build an approved fourplex of Eric Spurlock designed, townhome-style units. Plans, zoning, and historic approvals are complete, making it nearly shovel-ready. Located near EDo, Downtown, and major corridors, this project offers a ready-to-build infill site in a historic, high-demand area. Owner financing available -- 30% down (negotiable based on interest rate), 30-year term, 5-year balloon.
A great and unique opportunity with this 0.8 acre parcel located near downtown Albuquerque. This great corner lot is rare in being both residential or commercial, with easy access to major avenues and amenities. Perfect for your modern downtown living. Definitely a prime location!
The current owner has plans for 100 Multi-family units on the site, with first floor parking, including a roof top deck amenity. The property is conveniently located directly west of the planned $70M Rail Trail, south of the Alvarado Transportation Hub, just southwest of the ABQ Innovation district, and north west of the under development NM Media Academy, and on the east side of the Central Business District.The asking price is $1,750,000, with a price per unit of $17,500, and a price per square foot of $82.33. Using price pre unit and recent comparable sales supports a value closer to $2,150,983.Subject property might qualify for the first round of $30,000,000 of financing from the NMFA Opportunity Enterprise Housing Development Fund - applications are open
CALLING ALL DEVELOPERS...An EXCELLENT OPPORTUNITY to develop this site. MRA - OPPORTUNITY ZONED - 4TH STREET SECTOR PLAN - PRT ready. Contact April to discuss ALL OPTIONS.
Daria Derebera
Real Estate Broker in Albuquerque, NM
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.