517 3rd Street
Albuquerque, NM 87102
0.06Acre(Lot)
Positioned in the heart of Downtown Albuquerque, this .06-acre Mixed Use lot offers a rare opportunity for flexible urban development in one of the city's most walkable and evolving districts. The MX-L designation allows for a variety of potential uses including small-scale retail, office space, residential units, or a mixed-use concept with living above workspace--ideal for investors, builders, or owner-occupants seeking a live/work footprint.Surrounded by restaurants, entertainment, transit access, and ongoing redevelopment, the property is well suited for a compact infill project that takes advantage of the energy and visibility of the downtown corridor. Utilities nearby and strong growth momentum in the area make this a strategic site with long-term upside.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Size Acres: 0.06 Lot Size Source: Public Records Lot Size Square Feet: 2614 Lot Description: LevelProperty Information
Subdivision: N/A Source Property Type: Land Zoning Description: MX-L*
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Listing Price Information
Listing Price: $50000 Cash, Conventional
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Tax Information
Parcel Number: 101405716925620514 Tax Lot: N/A Tax Block: N/A Annual Tax: $172.86
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Parking Information
Paved
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School Information
Elementary School: Dolores GonzalesJunior High School: WashingtonSenior High School: Albuquerque -
Utility Information
Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available -
Location Information
Direction: From Central Ave. NW, turn south on 3rd St. Lot is between Coal Ave. and Iron Ave. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 500 Mountain Road, Albuquerque, NM, 87102 | $289,900 | -- | -- | -- | 0.56 Acre(Lot) |
| 806 Arno Street, Albuquerque, NM, 87102 | $85,000 | -- | -- | -- | 0.14 Acre(Lot) |
| 1916 4th Street, Albuquerque, NM, 87102 | $1,200,000 | -- | -- | -- | 1.21 Acres(Lot) |
| 601 Aspen Avenue, Albuquerque, NM, 87102 | $450,000 | -- | -- | -- | 0.31 Acre(Lot) |
| 517 1st Street, Albuquerque, NM, 87102 | $1,390,000 | -- | -- | -- | 0.49 Acre(Lot) |
| 509/511 High Street, Albuquerque, NM, 87102 | $195,000 | -- | -- | -- | 0.16 Acre(Lot) |
| 711 C 7th Street, Albuquerque, NM, 87102 | $75,000 | -- | -- | -- | 0.08 Acre(Lot) |
| 635 14th Street, Albuquerque, NM, 87102 | $200,000 | -- | -- | -- | 0.08 Acre(Lot) |
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ByOwner last updated this listing 06/11/2026 @ 10:47
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