Map of Property

Paseo del Norte Blvd NE & Woodmont Avenue NW Listing Details & Market Data

Paseo del Norte Blvd NE & Woodmont Avenue NW, Albuquerque, NM 87114

  • For Sale $5,946,550
  • Property Type VacantLand
  • Property Size 597,643.2 SF
  • Lot Size 13.72 Acre
  • Date Updated Mar 27, 2024

This multifamily site is located within The Trails subdivision in northwest Albuquerque, NM. It is fully entitled and approved for development of an apartment complex to support the rapidly growing westside population. With a low 4.9% multifamily vacancy rate, the market is prime for new development. The property is surrounded by new retail amenities, highly-rated schools and public open space featuring hiking trails, nature preserve and desert vista views.This property is already entitled and approved for a 333-unit apartment complex, consisting of 13 two and three-story, gardenstyle multifamily apartment buildings and one clubhouse building on the 13.72± Acre site. Approved construction drawings prepared by Humphreys Architecture.

±13.72 Acres › $9.95/SF or $5,946,550 › Located in Qualified Opportunity Zone (allows for tax benefits) › Zoned R-ML › Rapidly growing northwest Albuquerque submarket › Surrounded by retail amenities, highly-rated schools and public open space › Low multifamily vacancy rate - 4.9% December 2023 

 

 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Matt Butkus

CBRE

(505) 837-4920

broker

Trevor Hatchell

CBRE

(505) 837-4922

Location

Getting Around

  • Walk Score ®

    Car-Dependent (4)

  • Bike Score ®

    Bikeable (56)
Powered by Walk Score ®
  • City Albuquerque, NM
  • Neighborhood Volcano Trails
  • Zip Code 87114
  • Market Albuquerque

Points of Interest

  • Los Ranchos/Journal Center

    7.35 miles

  • Montaño

    7.35 miles

  • Aquarium/Garden Station

    7.64 miles

  • Tingley Station

    8.19 miles

  • Sandia Pueblo

    8.55 miles

  • Asia Train Station

    8.83 miles

  • Africa Train Station

    9.01 miles

  • Albuquerque

    9.16 miles

  • Speedway

    1.11 miles

  • Chevron

    2.34 miles

  • Valero

    2.49 miles

  • Valero

    3.23 miles

  • Speedway

    3.52 miles

  • Circle K

    4.11 miles

  • Speedway

    4.22 miles

  • Ram

    4.36 miles

  • Chevron

    4.77 miles

  • Speedway

    4.82 miles

  • Bosque School Main Parking Lot

    4.47 miles

  • Bosque Parking Lot

    4.49 miles

  • Bosque School Visitor Parking

    4.51 miles

  • Bosque School Middle School Parking Lot

    4.54 miles

  • Northwest Mesa Transit Center

    7.62 miles

  • Metro Park

    8.55 miles

  • President's Compound

    8.65 miles

  • Upper Car Park

    8.88 miles

  • RV Storage

    8.88 miles

  • Visitors Parking

    8.96 miles

  • KFC Tacobell

    1.17 miles

  • Little Caesars

    2.46 miles

  • McDonald's

    3.27 miles

  • McDonald's

    3.33 miles

  • Blake's Lotaburger

    3.34 miles

  • Sonic

    3.52 miles

  • Taco Cabana

    3.71 miles

  • Subway

    3.77 miles

  • Pizza Hut

    3.79 miles

  • Village Pizza

    4.20 miles

  • Tierra Antigua Elementary School

    0.68 miles

  • APS Soccer Complex

    0.77 miles

  • Tony Hillerman Middle School

    0.86 miles

  • Ventana Ranch Elementary

    1.01 miles

  • Volcano Vista High School

    1.11 miles

  • Central New Mexico Community College Westside Campus

    1.68 miles

  • James Monroe Middle School

    1.74 miles

  • Sunset View Elementary School

    1.76 miles

  • Paradise Christian School

    1.77 miles

  • Sierra Vista Elementary School

    2.26 miles

  • Child Development Center

    8.30 miles

  • Little Big Foot Day School

    9.54 miles

  • Steps Ahead Learning Center

    9.99 miles

Contact Paseo del Norte Blvd NE & Woodmont Avenue NW