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Investment Highlights

  • Shovel Ready Project
  • Lots Separately Platted to 18 Townhome Lots (Duplex Approved)
  • 38 Townhome Units Approved
  • Planned Townhome Development
  • Lots Range from 6,300 - 8,500 SF
  • 8.44 Dwelling Units Per Acre Density

Executive Summary

Located in the thriving West Mesa submarket of Albuquerque, this 4.52-acre shovel-ready townhome development presents a prime investment opportunity. Fully approved and separately platted, this project is ready for immediate construction, eliminating entitlement delays and allowing for a streamlined path to development. The site benefits from strong local demand for new housing, with convenient access to major roadways, employment hubs, and nearby retail and recreational amenities.

Property Facts

Price $1,362,861 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Planned Unit Development
Total Lot Size 4.52 AC
Zoning NR-BP - Non Residential - Business Park

1 Lot Available

Lot

Price $1,362,861 CAD
Price Per AC $301,518.01 CAD
Lot Size 4.52 AC

The site benefits from strong local demand for new housing, with convenient access to Central, I-40, nearby employment hubs, and nearby retail and recreational amenities.

Description

The site benefits from strong local demand for new housing, with convenient access to Central, I-40, nearby employment hubs, and nearby retail and recreational amenities.

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1-009-056-452498-1-04-04
Land Assessment
$42,992 CAD
Improvements Assessment
$0 CAD
Total Assessment
$42,992 CAD
  • Listing ID: 34938940

  • Date on Market: 2025-02-25

  • Last Updated:

  • Address: 86th & Bridge, Albuquerque, NM 87121

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