Urban Infill Multifamily
For Sale
$55,000
Pending
508 Columbia Dr Se, Albuquerque, NM 87106
Zoned for high-density multi-family development with a 15-ft north-side easement for utilities and access.
Property SizeContact for details
Days on Market76
Property Features for 508 Columbia Dr Se
General Information
Standard status
Pending
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$1,406
Listing Agency:
Chris Lucas Real Estate
(505) 463-5317
Listed By:
Christopher M Lucas · License #20631
(505) 463-5317
Source:
Exprealty
Added: May 30
Changed: Aug 8
Last Checked: Jul 10 at 2:22AM
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 Chris Lucas Real Estate
Investment Insights
Based on property information with market context.
This compact urban infill lot is zoned for multi-family high density development and is supported by existing plans for a two-story duplex on the property. Documentation also indicates an approximate lot outline, with location and sample plan materials available in the provided documents and photos.
A 15-foot-wide easement runs along the north side of the lot for utility and access purposes to 506 Columbia. 506 is a separately-owned property with a green-built home, located on the east side of 508 Columbia.
With the duplex plans attached and utility/access information called out in the remarks, the lot is structured for straightforward multi-family building within the stated easement area.
A 15-foot-wide easement runs along the north side of the lot for utility and access purposes to 506 Columbia. 506 is a separately-owned property with a green-built home, located on the east side of 508 Columbia.
With the duplex plans attached and utility/access information called out in the remarks, the lot is structured for straightforward multi-family building within the stated easement area.
Key Highlights
- Compact urban infill lot in the UNM area, zoned for multi‑family high‑density development
- 15‑ft‑wide easement on the north side for utility and access to 506 Columbia
- 508 Columbia lot has existing plans for a two‑story duplex (attached in the listing)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
596
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned for high-density multi-family development with a 15-ft north-side easement for utilities and access.
Where is this residential land & home lot located?
The property is located at 508 Columbia Dr Se Albuquerque, NM.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Compact urban infill lot in the UNM area, zoned for multi‑family high‑density development; 15‑ft‑wide easement on the north side for utility and access to 506 Columbia; 508 Columbia lot has existing plans for a two‑story duplex (attached in the listing)
