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Residential Land Near Rail Yards
For Sale
$89,900
Pending

820 3rd St Nw, Albuquerque, NM 87124

Investment opportunity near Rail Yards, zoned for multi-family buildings.

Property SizeContact for details
Days on Market114

Property Features for 820 3rd St Nw

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $213
Listing Agency: Realty One of New Mexico
Listed By: Seth Jacob
Source: Exprealty
Added: Apr 22 Changed: Aug 8 Last Checked: Aug 8 at 3:07PM

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 Realty One of New Mexico

Investment Insights

Based on property information with market context.

This property presents an investment opportunity located one block from the Rail Yards. Situated on the corner of 3rd and Atlantic, the property is zoned R-ML, which allows for the construction of townhouses and low-density multi-family buildings. The zoning provides options to buy and hold or develop a new project.

Key Highlights

  • Zoned R‑ML, allowing for townhouses and low‑density multi‑family buildings.
  • Prime location just one block from the Rail Yards.
  • Corner lot at 3rd and Atlantic.

Property Analytics

Current Use

Tooth Implant Brooklyn Dental Office

Suggested Use

Top Pick HVAC Service Locksmith Home Appliance Store Butcher Carpet & Flooring Store Grocery & Convenience 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

777
Businesses Nearby

Demographics for 87124, NM

59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Investment opportunity near Rail Yards, zoned for multi-family buildings.
Where is this residential land & home lot located?
The property is located at 820 3rd St Nw Albuquerque, NM.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Zoned R‑ML, allowing for townhouses and low‑density multi‑family buildings.; Prime location just one block from the Rail Yards.; Corner lot at 3rd and Atlantic.
More about this property
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