509/511 High Street SE Albuquerque, NM 87102

Listing Agency Coldwell Banker Legacy d***@coldwellbankerlegacynm.com Show Phone

8200 Carmel Ave NE STE 103, Albuquerque, NM

Listed by Ariel Resnik · License #REC20250133 Show Phone

Added: Apr 16 Updated: Apr 23 at 10:43 am Checked: Jul 21 at 1:06 am

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MLS# 1101870 Listing URL

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Investment Insights

Based on property information with market context.

This property presents a development opportunity within Albuquerque's Huning Highland Historic District. It comprises two adjoining parcels with approved plans for constructing a fourplex of townhome-style units designed by Eric Spurlock. The plans, zoning, and historic approvals are already in place, positioning the site as nearly shovel-ready. Situated in proximity to EDo, Downtown, and major transportation corridors, this infill site is located in a historic, high-demand area. The lot size is approximately 0.16 acres. Owner financing options are available, featuring a 30% down payment (negotiable based on interest rate), a 30-year term, and a 5-year balloon.

Key Highlights

• Shovel‑ready fourplex development opportunity in Albuquerque's Huning Highland Historic District.
• Approved plans by Eric Spurlock, zoning, and historic approvals are complete.
• Prime location near EDo, Downtown, and major corridors.

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FAQs

What type of property is this?

Residential land & home lot - Land with approved plans for a fourplex in historic district.

Where is this residential land & home lot located?

The property is located at 509/511 High Street SE Albuquerque, NM.

What is the asking price?

The asking price for this property is $195,000.

What are key features of this property?

This property features: Shovel‑ready fourplex development opportunity in Albuquerque's Huning Highland Historic District.; Approved plans by Eric Spurlock, zoning, and historic approvals are complete.; Prime location near EDo, Downtown, and major corridors.