MX-M Vacant Land in Opportunity Zone- Ready to Develop
1916 4th Street NW
Albuquerque, NM 87102
FOR SALE
FOR LEASE
Property Type:
Other LandAmount:
$1,000,000
Cap Rate:
0.00%Last Verified:
Mar 01, 2021
Parcel is located in a Metropolitan Redevelopment Area.
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 and additional uses.
Possible uses include: Medical/Urgent Care/Physical/Occupational Therapies/Kidney Dialysis/Mixed Use/Retail/Hospitality/and more.
Drive-thru availability.
Conveniently located near:
I-25 & 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 center
I-40 CPD: +/- 156,600
4th Street CPD: 11,400
2nd Street CPD: 12,800