Map of Property

517 1st SW

517 1st SW, Albuquerque, NM 87102

  • For Sale $1,750,000
  • Property Type VacantLand
  • Property Size 21,344.4 SF
  • Lot Size 0.49 Acre
  • Additional Rent Contact for pricing
  • Date Updated Nov 27, 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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Contacts

broker
Todd Clarke Is this you?

New Mexico Apartment Advisors

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    78/100 Very Bikeable
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  • 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

  • La Mexicana

    0.05 miles

  • Biscuits

    0.08 miles

  • Feast Kings

    0.21 miles

  • Holmes Pizza and Arcade

    0.23 miles

  • Le Troquet

    0.28 miles

  • Cecilia's Cafe

    0.28 miles

  • Lulu's Kitchen

    0.29 miles

  • Pizza 9

    0.33 miles

  • Asia Noodle Bar

    0.34 miles

  • Diego's New Mexican Fusion

    0.35 miles

  • Coronado School

    0.07 miles

  • Amy Biehl High School

    0.31 miles

  • Siembra School

    0.40 miles

  • Dolores Gonzales Elementary School

    0.43 miles

  • Saint Francis Xavier School

    0.48 miles

  • Immanuel Lutheran School

    0.53 miles

  • Saint Mary Catholic School

    0.54 miles

  • Eugene Field Elementary School

    0.56 miles

  • Washington Middle School

    0.66 miles

  • William W. & Josephine Dorn Charter Community School

    0.70 miles

  • Centro de Amor YDI Head Start Academy

    0.05 miles

  • Child Care Center

    1.87 miles

  • Serendipity Day School

    2.34 miles

  • Wildflowers Day Nursery

    2.66 miles

  • Steps Ahead Learning Center

    3.05 miles

  • Little Big Foot Day School

    3.19 miles

  • Maxwell Child Development Center (1914)

    3.27 miles

  • Le Petite Academy

    3.32 miles

  • Child Development Center

    3.36 miles

  • Our Place Learning Center

    3.74 miles

Frequently Asked Questions

How much does 517 1st SW cost?

The space currently listed for sale at 517 1st SW asks for $1,750,000.

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Contact Listing Broker
broker
Todd Clarke Is this you?

New Mexico Apartment Advisors