4611 Central Ave NE Albuquerque, NM 87108
0.5481-acre site zoned for mixed-use development in Albuquerque's Nob Hill.
Type:Land
Lot size:
0.55 Acres- Added:
- Oct 23, 2024
- Days on Market:
- 545
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 4611 Central Ave NE
General Information
- Standard status
- Active
- Lot size
- 0.55 Acres
- Property subtype
- Land
Listing agent Todd Clarke License #13711
Listing office N.M. Apartments, Inc.
Listing date Oct 23, 2024
Source Crexi
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 N.M. Apartments, Inc.
Overview
Albuquerque High-Density Apartment Site
Located at 4611 Central NE in Albuquerque, NM, this 0.5481-acre property is zoned Mixed Use Medium and offers potential for high-density development. Prospective plans are available for 95 multi-family units with surface parking. The flexible zoning includes a provision for Urban Centers, Main Street areas, and Premium Transit areas (UC-MS-PT), allowing for additional density, parking reductions, and building concept plans. The property is situated in the heart of Albuquerque’s walkable Nob Hill neighborhood, known for its restaurants, brew pubs, distilleries, and boutique stores. It is located two blocks from the Albuquerque Rapid Transit Nob-Hill stop. The location has a walk score of 83, a transit score of 45, and a bike score of 92, making it a biker's paradise. The property is priced at $895,000, with a price per unit of $9,421 and a price per square foot of $37.49.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.5926465
- Latitude
- 35.0786003
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 0.5481-acre site zoned for mixed-use development in Albuquerque's Nob Hill.
Where is this commercial land located?
The property is located at 4611 Central Ave 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: High‑density zoning allows for 95 multi‑family units, with potential for more.; Priced at 39% of recent comparable sales, a significant value opportunity.; Located in the heart of Albuquerque's Nob‑Hill, a highly walkable neighborhood with restaurants, brew pubs, distilleries, and boutique stores.
