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Prime Albuquerque Development Opportunity
For Sale
$1,200,000

1916 4th Street NW, Albuquerque, NM 87102

LAND - Albuquerque, NM

Property SizeContact for details
Lot Size1.21 Acres
Days on Market737

Property Features for 1916 4th Street NW

General Information

Property type Land
Property subtype Other
Zoning description MX-M*
Subdivision Franciscan Add
Elementary school Reginald Chavez
Middle school Washington
High school Albuquerque
Directions USE GPS FOR BEST DIRECTIONS:JUST SOUTH OF I-40, ON 4TH STREET NW, SEC OF 4TH AND MCKNIGHT NW.
Standard status Active
APN 101405928905940906
Lot size 1.21 Acres

Taxes and HOA fees

Tax Annual Amount 4656

Utilities

Water source Public
Listing Agency: NM Real Estate Resources, Inc
Listed By: April Ager · License #18376
Added: Jul 30, 2024 Changed: Aug 2 Last Checked: Aug 5 at 3:06AM
MLS# 1067843

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.21-acre commercial land in Albuquerque, New Mexico, presents an excellent development opportunity. The site is located within an Opportunity Zone and is ready for a Priority Rapid Transit (PRT) project, according to the Fourth Street Sector Plan. This property is suitable for developers looking to capitalize on a strategically positioned site.

Key Highlights

  • Excellent development opportunity.
  • MRA - Opportunity Zoned.
  • 4th Street Sector Plan designation.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Veterinary Clinic Food Market Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,803
Businesses Nearby

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value

Market

Average Price Trend$/SF for Land in Albuquerque, NM

Feb
$287 Mar
$287 Apr
$287 May
$237 Jun
Jul

Properties on Market for Land in Albuquerque

Feb
Mar
Apr
May
Jun
Jul
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Excellent opportunity to develop this 1.21-acre site in Albuquerque.
Where is this land located?
The property is located at 1916 4th Street NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Excellent development opportunity.; MRA - Opportunity Zoned.; 4th Street Sector Plan designation.
More about this property
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