4611 Central Avenue NE, Albuquerque, NM 87108

Listing agent Todd D Clarke License #13711 Show Phone

Listing office NM Apartment Advisors, Inc. t***@nmapartment.com 524 Central Ave. SW Suite 801, Albuquerque, NM Show Phone

Listing date Oct 23, 2024

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MLS# 1088336 Listing URL

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Overview

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.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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 Avenue 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.