3537 4Th St Albuquerque, NM 87107
- Land
- 2.53 lot acres
Current Use by Public Records
- Abq Green Cab / Taxi Service
- Lift & Hoist NM LLC / Auto Parts Store
Property Details for 3537 4Th St
- Lot size
- 2.53 lot acres
- Property type
- Land
Description
This exceptional 2.53-acre commercial land parcel in Albuquerque, New Mexico, presents a unique investment opportunity. Located at the southwest corner of 4th St NW and Candelaria Rd NW (3537 4th St NW, zip code 87107), this property is zoned MX-M and comprises 21 fully improved townhome lots, ready for immediate development. Each lot ranges from 2,400 to 3,100 square feet, arranged in clusters of three, within the larger mixed-use "Calle Cuarta" development. All infrastructure is complete, including roads, sidewalks, curbs, power, water, and gas lines. Existing design guidelines are in place, ensuring a cohesive and attractive community. The asking price is $2,050,000. This represents a turnkey opportunity for a developer to acquire a fully prepared site and capitalize on the burgeoning North Valley market, poised to welcome hundreds of new residents. The property is already platted into individual lots, simplifying the development process and minimizing upfront costs. This is an ideal acquisition for a seasoned townhome or single-family home developer seeking a high-value, ready-to-build project in a thriving Albuquerque neighborhood.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.683
- Latitude
- 35.1284
