Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Courier Service
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Auto Parts Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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