Property profile

3537 4Th St Albuquerque, NM 87107

OFF-MARKET
Land
2.53 ac lot
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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

Current use

Occupant on record · Public records
  • Courier Service
  • Auto Parts Store

Location

3537 4Th St Albuquerque, NM 87107
Albuquerque metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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