R-ML Zoned Development
For Sale
$200,000
2907 Burton Avenue Se, Albuquerque, NM 87106
Residential development lot near UNM and UNM Hospital, offered for individual purchase or as part of a land package.
Property SizeContact for details
Lot Size3,049.00 Acres
Days on Market67
Property Features for 2907 Burton Avenue Se
General Information
Standard status
Active
Lot size
3,049.00 Acres
Property subtype
Lots & Land
Zoning
R-ML
Listing Agency:
Santa Fe - Washington
(505) 316-4445
Listed By:
Donna Marie Burns · License #19205
(505) 316-4445
Source:
Corcoran
Added: Jun 7
Changed: Aug 8
Last Checked: Jul 16 at 6:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Santa Fe - Washington
Investment Insights
Based on property information with market context.
This offering is for a residential land lot in Albuquerque with R-ML zoning. The parcel is listed as a 3,049 square foot lot and is presented for development, whether for a single residence, an income-producing property, or long-term hold.
The property is located near the University of New Mexico, UNM Hospital, and Nob Hill, with proximity to the medical district and the Lomas corridor highlighted in the remarks. The surrounding area benefits from nearby dining, shopping, and major employment hubs associated with the university and hospital.
For buyers, the R-ML zoning and modest lot size make this a straightforward option to acquire a discrete buildable parcel in a central corridor. The seller also notes the land can be purchased individually or as part of a package with adjacent property and additional vacant land, which may support larger development planning for qualified buyers or investors.
The property is located near the University of New Mexico, UNM Hospital, and Nob Hill, with proximity to the medical district and the Lomas corridor highlighted in the remarks. The surrounding area benefits from nearby dining, shopping, and major employment hubs associated with the university and hospital.
For buyers, the R-ML zoning and modest lot size make this a straightforward option to acquire a discrete buildable parcel in a central corridor. The seller also notes the land can be purchased individually or as part of a package with adjacent property and additional vacant land, which may support larger development planning for qualified buyers or investors.
Key Highlights
- R‑ML zoned residential development lot near the University of New Mexico (UNM) and UNM Hospital
- 3,049 sq ft lot offered for individual purchase or as part of a land package
- Located near the medical district, including the recently opened UNM Critical Care Tower and the upcoming UNM School of Medicine expansion
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Explore this area
Business Placement
Demographics for 87106, NM
26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential development lot near UNM and UNM Hospital, offered for individual purchase or as part of a land package.
Where is this residential land & home lot located?
The property is located at 2907 Burton Avenue Se Albuquerque, NM.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: R‑ML zoned residential development lot near the University of New Mexico (UNM) and UNM Hospital; 3,049 sq ft lot offered for individual purchase or as part of a land package; Located near the medical district, including the recently opened UNM Critical Care Tower and the upcoming UNM School of Medicine expansion
