List Search

4501 Central Ave NE
Albuquerque, NM 87108

Price Upon Request

Land For Sale  •  1.61 AC

Property Details

  • Property Type Land
  • Lot Size 1.61 AC
  • Zoning MX-M
46 Transit Score
79 Walk Score

Description

Northmarq is pleased to present The Sixty-Six Development Site, a Fully Entitled and Shovel Ready +/- 1.61-acre Multifamily Development Site in Albuquerque, New Mexico. The Site is located in Bernalillo County, the most populous county in New Mexico. The Sixty-Six Development Site sits at the Northeast corner of the intersection of Adams Street NE and Central Avenue NE, which runs in tandem with U.S. Route 66. The Site is conveniently located with direct access to Route 66, allowing for connection to the entire MSA. The Site is currently programmed for a 3 story, 96-unit multifamily building (sample programming, subject to change). The Sixty-Six Development Site allows a developer to strategically capitalize on the increased need for housing in New Mexico’s most vibrant MSA.

The Sixty-Six Development Site offers a developer a unique opportunity to implement a 7-year tax abatement that can be put in place upon closing.

Highlights

A +/- 1.61-Acre Multifamily Development Opportunity in Albuquerque, New Mexico
96-Unit Class A Fully Entitled and Shovel Ready!
Approved 7 Year Tax Abatement
Conveniently Located at the Northeast Corner of the Intersection of Adams Street NE and Central Avenue NE/Route 66
In Close Proximity to UNM, Historic Nob Hill Neighborhood, & UNM Hospital!

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Downtown Albuquerque (Rail Runner Express - New Mexico Rail Runner Express) 9 min - 3.6 mi
Montaño Station (NMRX - Rio Metro Regional Transit District) 14 min - 6.1 mi
AirportDriveWalkDistance
Albuquerque International Sunport 18 min - 6.4 mi
Scott LaMontagne 817-723-5026 Northmarq
Scott LaMontagne 817-723-5026 Northmarq