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    OFF-MARKET
    Land

    3537 4Th St, Albuquerque, NM 87107

    2.53 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 2.53 ac (110,207 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Abq Green Cab Courier Service
    • Lift & Hoist NM LLC Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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