517 1st SW

For Sale

517 1st SW, Albuquerque, NM 87102

This Albuquerque property for sale is located at 517 1st SW. The current listed sale price for 517 1st SW is $1,750,000. 517 1st SW is situated on a lot that is 0.49 acre in size.

Contacts

broker

Todd Clarke

New Mexico Apartment Advisors

Property Details

  • Property Type VacantLand
  • Property Size 21,344.4 SF
  • Lot Size 0.49 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 24, 2024

Development site for 100 Units in Downtown and in an underserved market 

NM Apartment Advisors and Maestas Real Estate Services are proud to bring to 0.488 acre development site zoned Mixed Use High Intensity District with building concept plans. Welcome to the Railyard Flats development land located at 517 1st SW and in the heart of downtown Albuquerque. Current owner has building plans / floor plans for 100 units on this site, with a podium design that includes Þrst floor of parking, and four floors of wood frame construction and a roof top deck and 360 degree views of the most amazing city in the country. The property is located in the Barelas Metropolitan Redevelopment area and a geography that allows for a signiÞcant parking reduction (up to 50%). Renderings and plans are preliminary and buyer/developer should verify their own approvals and plans with their architect/ development team. Do not miss out on this rare opportunity to build into the #1 market in the country for rent growth. 

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Getting around

  • 88/100

    Walk Score ®

  • 50/100

    Transit Score ®

  • 78/100

    Bike Score ®

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Location

  • City Albuquerque, NM
  • Neighborhood Barelas
  • Zip Code 87102
  • Market Albuquerque

Points of Interest

  • Africa Train Station

    0.51 miles

  • Asia Train Station

    0.74 miles

  • Tingley Station

    1.33 miles

  • Aquarium/Garden Station

    1.83 miles

  • Bernalillo County/International Sunport

    3.41 miles

  • Montaño

    4.12 miles

  • Los Ranchos/Journal Center

    6.98 miles

  • Isleta Pueblo

    9.25 miles

  • Sandia Pueblo

    9.58 miles

  • ChargePoint

    0.63 miles

  • Circle K

    0.67 miles

  • Chevron

    0.71 miles

  • Texaco

    0.80 miles

  • Shell

    0.87 miles

  • Alon

    1.02 miles

  • FINA

    1.31 miles

  • VP

    1.72 miles

  • Smiths Food and Drug Fuel Center

    1.73 miles

  • Tesla Supercharger

    2.99 miles

  • New Mexico Bank & Trust Parking

    0.24 miles

  • Albuquerque Plaza Office & Hotel

    0.43 miles

  • Convention Parking

    0.55 miles

  • Bank of the West Center Garage

    0.74 miles

  • Medical Towers Parking

    0.87 miles

  • Main Hospital & Visitor Parking

    0.92 miles

  • Metro Park

    0.92 miles

  • Staff Parking

    1.01 miles

  • Patient and Visitor Parking

    1.10 miles

  • STP Parking

    1.15 miles

  • Hotel Andaluz

    0.41 miles

  • Hilton Garden Inn

    0.46 miles

  • Hyatt Regency Albuquerque

    0.47 miles

  • Clyde Hotel

    0.48 miles

  • Route 66 Hostel

    0.64 miles

  • DoubleTree by Hilton Hotel Albuquerque

    0.64 miles

  • Days Inn by Wyndham Albuquerque Downtown

    0.72 miles

  • El Cuervo ABQ

    0.73 miles

  • Knights Inn Albuquerque

    0.80 miles

  • Hotel Parq Central

    0.81 miles

  • Silver Street Market

    0.24 miles

  • Stadium Super Market

    0.75 miles

  • Lowes Foods

    1.00 miles

  • Smith's

    1.72 miles

  • La Montanita

    1.82 miles

  • Burlington

    1.92 miles

  • Ross

    2.07 miles

  • El Super

    2.10 miles

  • La Montañita Co-op Nob Hill

    2.63 miles

  • Nob Hill Body and Soul Center

    2.90 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Todd Clarke

New Mexico Apartment Advisors