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Land in Walkable Albuquerque Neighborhood

4611 Central Avenue NE, Albuquerque, NM 87108

For Sale
$895,000

Land, Albuquerque, NM

Property SizeContact for details
Lot Size0.49 Acres
Days on Market749

Property Features for 4611 Central Avenue NE

General Information

Property type Land
Property subtype Other
Zoning MX-M*
Subdivision Valley View
Elementary school Zia
Middle school Jefferson
High school Highland
Directions From Central and Washington east to the property on north side of the street.
Standard status Active
APN 101705735221843301
Lot size 0.49 Acres

Taxes and HOA fees

Tax Description LOTS 15 THRU 20 BLK 43 VALLEY VIEW ADDITION CONT 0.57 AC M/L
Tax Annual Amount 1609
Legal Description LOTS 15 THRU 20 BLK 43 VALLEY VIEW ADDITION CONT 0.57 AC M/L
Listing Agency: NM Apartment Advisors, Inc.
Listed By: Todd D Clarke · License NM #13711
Added: Oct 23, 2024 Changed: Oct 30 Last Checked: Nov 10 at 10:06PM
MLS# 1088336

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Electrical Service Storage Facility Big Box & Wholesale Store

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

1,874
Businesses Nearby

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land with development potential in a vibrant, walkable Albuquerque location.
Where is this residential land & home lot 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.
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