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$225,000
Bring your vision to life on this exceptional ready-to-build homesite in the heart of Albuquerque's coveted North Valley. The subdivision is complete with an approved and recorded plat, established road and utility easements, making this property ready for your dream home. This approximately 0.35-acre level lot offers a peaceful setting tucked away from the street, surrounded by mature shade trees and served by an acequia that provides irrigation throughout the property. Enjoy an unbeatable location just moments from the Bosque Trail, Old Town, shopping, dining, and everyday conveniences. Thoughtfully designed deed restrictions help preserve the character, beauty, and long-term value of this unique heritage community. For those seeking additional space or a multi-property opportunity, the neighboring Lot A-1 featuring a charming adobe home is also available (MLS #1104969).

2914 Mountain Road NW, Albuquerque

$1,390,000
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 financing from the NMFA Opportunity Enterprise Housing Development Fund - applications are open

517 1st Street SW, Albuquerque

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.