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1916 4th St
Albuquerque, NM 87102 Wells Park

$1,200,000 USD

Land For Sale  •  1.21 AC

Property Details

  • Property Type Land
  • Lot Size 1.21 AC
  • Tenancy Multiple
  • Zoning MX-M
34 Transit Score
67 Walk Score

Description

This parcel is located in a Metropolitan redevelopment area. In an effort to encourage urban in-fill development and affordable housing, the city of Albuquerque has approved multi-story MUH and mixed use developments. The city will also expedite approval process for developers. Possible uses for this property include: Medical/Urgent Care/Physical/Occupational Therapies/Kidney Dialysis/Mixed Use/Retail/Hospitality/ and more. Located by 4th Street, McKnight, and 3rd Street with possible access from these three streets. The City of Albuquerque's Metropolitan Redevelopment Agency, MRWM Landscaper Architects, and Wilson & Company Engineers are pleased to release the Albuquerque Rail Trail Framework Plan as of March 15, 2022.

VISION:
The Albuquerque Rail Trail will transform Downtown's rail corridor into a vibrant and artistic urban trail that creates opportunities for economic development, healthy recreation, and cultural expression. The Trail will connect the diverse communities it travels through and build bridges across those that have been disconnected. Following an ancient path created by footsteps and expanded over centuries by the wheel, the Rail Trail is the next expression of this essential trade route, embracing a resilient future for Downtown Albuquerque. 
https://www.cabq.gov/mra/rail-trail?fbclid=lwAR1TMnyFgW9s3ld_mRT8p_b10-oo0FZmHfTi55SRJnddFNmEv_zkXhC38Kg

Highlights

MRA - METROPOLITAN REDEVELOPMENT AREA
Form-based zoning overlay to allow for high density & additional uses.
Located in central Albuquerque, close to downtown, Interstate 40 & 25 without congestion from major medical center.
Property has drive thru availability.
City of ABQ - Rail Trail

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Downtown Albuquerque (NMRX - Rio Metro Regional Transit District, Rail Runner Express - Rio Metro Regional Transit District) 3 min - 1.5 mi
Montaño Station (NMRX - Rio Metro Regional Transit District) 7 min - 3.0 mi
AirportDriveWalkDistance
Albuquerque International Sunport 24 min - 11.4 mi
April Ager 505-269-5771 Coldwell Banker Commercial
April Ager 505-269-5771 Coldwell Banker Commercial