4th Street NW Vacant Land @ I-40 & Downtown

McKnight Ave & 4th Street NW Albuquerque, NM 87102

McKnight Ave & 4th Street NW, Albuquerque, NM, 87102
McKnight Ave & 4th Street NW, Albuquerque, NM, 87102
Property Type:
Commercial Land Development
Last Verified:
May 23, 2019

Conveniently located to both interstates, hospitals, and the Downtown Central Business District. Located at the SE corner of 4th Street and McKnight, this property is ready for redevelopment opportunities! Property is part of North 4th Sector Plan. See link to view PDF of entire plan:http://documents.cabq.gov/planning/UDD/North4thStreetMRA-Plan.pdf • Parcel is located in North Fourth Transit Oriented Development (NFTOD) District. • City of Albuquerque, in an effort to encourage urban in-fill development and affordable housing, has approved multi-story MUH and mixed use developments and will expedite approval process for developers. • MRA - No Impact Fees! • Form-Based Zoning Overlay to allow for High Density & Additional Uses. • Sector Plan Approved by EPC, to allow for Fast-Track Permitting. • Possible Uses Include: Medical/Urgent Care/Physical/Occupational Therapies/Kidney Dialysis, Mixed-Use, Retail, Hospitality, and more. Conveniently Located near: • I-25 and I-40 • Hospitals • UNM & CNM • Old Town, Galleries & Museums • Pueblo Cultural Center & Indian School Redevelopment • Downtown Central Business & Courthouse District • Property fronted by 4th Street, McKnight, and 3rd Street with possible access from these three streets • Located in central Albuquerque, close to downtown, Interstate 40 & 25 without congestion from major medical centers JOINT VENTURE WELCOME, OWNER FINANCING AVAILABLE TO QUALIFIED BUYER. LAND LEASE OPTION OR BUILD-TO-SUIT OPTION AVAILABLE. BRING ALL OFFERS! DEVELOPER'S DREAM! Hub Zone Qualified.

To see uses for MX-M, visit:


Additional URLs

Map of McKnight Ave & 4th Street NW, Albuquerque, NM, 87102

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.