OPPORTUNITY ZONE - DEVELOPMENT OPPORTUNITY
1916 4TH STREET NW, SEC - 4th & McKnight NW Albuquerque, NM 87102
Overview
CALLING ALL DEVELOPERS - OPPORTUNITY ZONE * HUBZONE * ELECTRIC CAR STATION * CANNABIS FRIENDLY PROPERTY * MIXED USE OPTIONS AVAILABLE
Conveniently located to both interstates I-25 and I-40, Located near ALL MAJOR Hospitals and the Downtown Central Business District. • strategically located at the SE corner of Fourth st and McKnight, this property is ready for SEVERAL redevelopment opportunities.
LOCATION: Parcel is located in a Metropolitan Redevelopment Area of the City of Albuquerque in an effort to encourage urban infill 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. Property is part of the North 4th Sector Plan.
POSSIBLE USES Include: Medical/Urgent Care/Physical/Occupational Therapies/Kidney Dialysis, Mixed-Use, Retail, Hospitality, and more. Drive-Thru Availability Conveniently • UNM & CNM • Old Town, Galleries & Museums • Pueblo Cultural Center & Indian School Redevelopment • Downtown Central Business & Courthouse Districts - FEDERAL - DISTRICT - METRO. and the Albuquerque International Airport. Property is fronted by 4th Street, McKnight, and 3rd Street NW, with possible access from ALL three streets • Located in central Albuquerque, close to downtown, Interstate 40 & 25 without congestion from major medical centers • The City of Albuquerque Metropolitan Redevelopment Agency, MRWM Landscape 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. See the interactive links attached.
- Bring all offers for immediate consideration - thank you.
- OPPORTUNITY ZONE
- MRA - Metropolitan Redevelopment Area
- ELECTRIC CAR STATION OPTIONS - SEE LINK BELOW FOR DETAILS
Lease Spaces
Name | Rate | SF | Acres |
---|---|---|---|
Opportunity Zoned | Negotiable | 52,498 SF | 1.2 ac |
Attachments
For Sale/Lease
Secondary Uses: Industrial, Office, Multifamily, Retail, Retail Pad
- Lease Rate
- Negotiable
- Available SF
- 52,498 SF
- Acres
- 1.2 ac
- Zoning
- MX-M
- Structure
- Other
- Signage
- Monument
- Showing Instructions
- Contact Broker
- Building Name
- Interstate Inn
- Business Park
- Wells Park
- Submarket
- Downtown
- Nearest MSA
- Albuquerque
- Property Use Type
- Net Leased (NNN)
- Property Status
- Demolished
- In Opportunity Zone
- Yes
- Has Drive Thru
- Yes
- Adjacent Parcels Available
- Yes
- Nearest Interstate
- I-40 and I-25 Intersection THE BIG I - 1 mi
- Nearest Highway
- I-40 - 1 mi
- Nearest Airport
- ALBUQUERQUE INTERNATIONAL AIRPORT - 7 mi
- Fiber Optic
- Yes
- County
- Bernalillo
- Created
- 2012-10-02
- Updated
- 2024-06-26
- Listing ID
- 14f64911
- Parcel APN
- 101405928905940906