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    4611 Central Ave NE Albuquerque, NM 87108

    New
    For Sale
    $895,000

    LAND - Albuquerque, NM

    Lot size:
    0.49 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 4611 Central Ave NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    101705735221843301
    Lot size
    0.49 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    NM Apartment Advisors Inc. (505) 440-8633 [email protected]

    Listing agent Todd D Clarke (505) 440-8633 License #13711

    Listing date Dec 1, 2025

    MLS# 1088336 Listing URL

    Copyright © 2025 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.

    Overview

    Land in Walkable Albuquerque Neighborhood

    This 0.49-acre commercial land is situated in the heart of Albuquerque's most walkable neighborhood, known for its restaurants, brew pubs, distilleries, and boutique stores. The property's location offers convenient access to amenities and transportation. The site is located two blocks from the Nob-Hill stop for the Albuquerque Rapid Transit. The area has a walk score of 83, a transit score of 45, and a bike score of 92, making it a biker's paradise. The current owner has prospective plans for 95 multi-family units on the site with surface parking. The flexible zoning includes a provision for UC-MS-PT, or Urban Centers, Main Street areas, and Premium Transit areas that allows for additional density, parking reductions, and building concept plans. Development could potentially accommodate more units with structured parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.59253
    Latitude
    35.078823

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    FAQs

    What type of property is this?
    Commercial land - Land with development potential in a vibrant, walkable Albuquerque location.
    Where is this commercial land located?
    The property is located at 4611 Central Ave NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Development opportunity with prospective plans for multi-family units and flexible zoning.; - Prime location in Albuquerque's most walkable neighborhood, surrounded by restaurants, brew pubs, distilleries, and boutique stores.; - Excellent walk score of 83 and a 'biker's paradise' bike score of 92.
    (505) 440-8633
    Request Owner's contact information
    4611 Central Ave NE Albuquerque, NM 87108
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    Albuquerque, NM 87108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4611 Central Ave NE Albuquerque, NM 87108
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