3537 4Th St, Albuquerque, NM 87107
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.
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Abq Green Cab Courier Service
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Lift & Hoist NM LLC Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.