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$1,390,000
-- Bed
-- Bath
21,257sqft lot
517 1St St Sw, Albuquerque, NM 87102
$1,390,000
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Land
Built in -
$-- HOA
21,257 sqft lot
$65/sq.ft
Description
The current owner has plans for 100 Multi-family units on the site, with first floor parking, including a roof top deck amenity. The property is conveniently located directly west of the planned $70M Rail Trail, south of the Alvarado Transportation Hub, just southwest of the ABQ Innovation district, and north west of the under development NM Media Academy, and on the east side of the Central Business District.The asking price is $1,750,000, with a price per unit of $17,500, and a price per square foot of $82.33. Using price pre unit and recent comparable sales supports a value closer to $2,150,983.Subject property might qualify for the first round of $30,000,000 of financ...
Continue Reading- Houzeo last checked: 55 Minutes ago
- Listing updated: April 7, 2026 at 11:26 pm
- Listing Provided by: Todd D Clarke (505) 440-8633 DRE #13711, Anita Maestas (505) 463-3565 DRE #16029 | NM Apartment Advisors, Inc. (505) 440-8633
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1072123
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
21,257 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1072123
MLS Status
Active
Days on Market
605
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