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RM/MF Residential Development Lot
For Sale
$200,000

2907 Burton Avenue SE, Albuquerque, NM 87106

Land, Albuquerque, NM

Property SizeContact for details
Lot Size0.07 Acres
Days on Market95

Property Features for 2907 Burton Avenue SE

General Information

Property type Land
Property subtype Other
Zoning RM, MF
Zoning description RM MF
Standard status Active
Lot size 0.07 Acres

Taxes and HOA fees

Tax Description Lot numbered seven (7) in block numbered one (1) of the Sunset Heights Addition
Legal Description Lot numbered seven (7) in block numbered one (1) of the Sunset Heights Addition

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Corcoran Plaza Properties
Listed By: Donna Burns · License #19205
Added: Jun 6 Changed: Sep 8 Last Checked: Sep 8 at 9:06PM
MLS# 202602501

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale parcel is zoned RM, MF and is suitable for residential-oriented development. The property is a single lot identified as 2907 Burton Avenue SE, and it is listed with a lot size of approximately 0.07 acres.

The location is described as being in a sought-after Albuquerque area near the University of New Mexico, UNM Hospital, and Nob Hill. The remarks also note proximity to the medical district, including the Critical Care Tower and the UNM School of Medicine expansion, with anticipation of additional housing and commercial development along the Lomas corridor.

For buyers and builders, the RM, MF zoning can support multi-family or residential uses, depending on final site plan and permitting. The listing also indicates the land can be purchased individually or as part of a package with an adjacent property and additional vacant land, which may be useful for parties seeking a larger development footprint in the same central area.

Key Highlights

  • R‑ML zoned parcel with 3,049 SF lot size
  • Public water and public sewer available
  • Located near University of New Mexico (UNM), UNM Hospital, and Nob Hill

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Kitchen & Bath Showroom Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,232
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Zoned RM/MF, this small infill lot offers flexibility for residential-oriented development near major employment centers.
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 parcel with 3,049 SF lot size; Public water and public sewer available; Located near University of New Mexico (UNM), UNM Hospital, and Nob Hill
More about this property
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