8600 Glendale Avenue NE Albuquerque, NM 87122

Listing agent Stephanie L Granfors License #11540 Show Phone

Listing office Granfors Realty,LLC s***@sgrnm.com P.O. Box 90009, Albuquerque, NM Show Phone

Listing date Jun 3, 2022

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MLS# 1016094 Listing URL

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Investment Insights

Based on property information with market context.

This property presents a rare opportunity to acquire land within the city of Albuquerque boundaries, specifically in the Far Northeast Heights. The offering comprises four contiguous lots, representing an excellent investment prospect. Anticipated growth in the area, coupled with proposed upstream improvements, suggests potential for future appreciation. The property allows for immediate small-scale development or a longer-term investment strategy. The westernmost lot is suitable as a home site, with the option to hold the remaining three. City water and sewer services are located a few lots away. The property has a floodplain impact that needs to be addressed for short-term use. The total lot size is 3.56 acres.

Key Highlights

• Rare opportunity: 4 contiguous lots in the Far Northeast Heights of Albuquerque.
• Excellent investment potential due to city growth and proposed upstream improvements.
• Westerly lot is an excellent home site.

Property Analytics

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FAQs

What type of property is this?

Land - 3.56 acres of land in Albuquerque's Northeast Heights.

Where is this land located?

The property is located at 8600 Glendale Avenue NE Albuquerque, NM.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: Rare opportunity: **4 contiguous lots in the Far Northeast Heights of Albuquerque.**; Excellent investment potential due to city growth and proposed upstream improvements.; **Westerly lot is an excellent home site.**