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3537 4th St NW

2.53 Acres of Commercial Land Offered at £1,609,231 in Albuquerque, NM 87107

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Investment Highlights

21 Townhome Lots approved for residential development
Part of larger mixed-use development
Seller improvements include road, sidewalk/curb, power, water, gas, etc

Property already platted into individual lots
Lots being delivered fully improved
Seller has existing design guidelines

RES North Valley Townhome Lots (1)

Property Facts

Price	£1,609,231	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Multifamily
No. Lots	1	Total Lot Size	2.53 AC
Property Type	Land

Price	£1,609,231
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily
Total Lot Size	2.53 AC

1 Lot Available

Lot

Price	£1,609,231	Lot Size	2.53 AC
Price Per AC	£636,060

Price	£1,609,231
Price Per AC	£636,060
Lot Size	2.53 AC

This townhome development is situated on a prime infill lot along 4th St. in Albuquerque’s redeveloping North Valley. Located in a vibrant, growing area, the development combines the tranquility of a residential neighborhood with convenient access.

Description

North Valley Townhome Lots is a 21-acre, fully improved development featuring townhome lots ranging from 2,400 to 3,100 square feet, designed in clusters of three townhomes per group. The total area of the lots and associated improvements spans 2.53 acres. These townhome lots are part of the larger mixed-use development, “Calle Cuarta,” located in the heart of the North Valley. Once completed, this vibrant development will welcome hundreds of new residents to the area. YES Housing, the developer behind both the townhome lots and the multifamily/commercial component along 4th Street, is nearing completion of all improvements and plans to sell the fully finished lots once all development work is finalized. We are seeking a seasoned townhome or single-family home developer to purchase all the lots in a single transaction and bring their vision to life within this exciting new community.

zoning

Zoning Code	MX-M (MX-M zoning is to provide for a wide array of moderate-intensity retail, commercial and institutional opportunities)
MX-M (MX-M zoning is to provide for a wide array of moderate-intensity retail, commercial and institutional opportunities)