Paseo del Norte Blvd NE & Woodmont Avenue NW

Paseo del Norte Blvd NE & Woodmont Avenue NW

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 Apr 28, 2025

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 

 

 

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Contacts

broker
Matt Butkus Is this you?

CBRE

broker
Trevor Hatchell Is this you?

CBRE

Location

Getting Around

  • Walk Score ®

    4/100 Car-Dependent

  • Bike Score ®

    56/100 Bikeable
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

Frequently Asked Questions

How much does Paseo del Norte Blvd NE & Woodmont Avenue NW cost?

The space currently listed for sale at Paseo del Norte Blvd NE & Woodmont Avenue NW asks for $5,946,550.

What is the total square footage of Paseo del Norte Blvd NE & Woodmont Avenue NW?

Paseo del Norte Blvd NE & Woodmont Avenue NW totals 14 square feet.

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