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Hwy 528 & Veanda Plaza SEQ dr - Multifamily Development Opportunity 7.33 Acres of Commercial Land Offered at $2,203,129 in Bernalillo, NM 87004
Executive Summary
Positioned along Hwy 528 with quick access to Hwy 550
Located in the heart of a growing trade area with multiple grocers, shopping, entertainment, and
dining options
Paved roads to access the property from multiple directions
Utilities are near site
The site has been approved for a 192 unit multifamily development Ideal location for multifamily
housing, offering stunning views of the Rio Grande Bosque and Sandia
Mountains
Adjacent land can be assembled for a larger development project
Located in the heart of a growing trade area with multiple grocers, shopping, entertainment, and
dining options
Paved roads to access the property from multiple directions
Utilities are near site
The site has been approved for a 192 unit multifamily development Ideal location for multifamily
housing, offering stunning views of the Rio Grande Bosque and Sandia
Mountains
Adjacent land can be assembled for a larger development project
Property Facts
| Price | $2,203,129 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 7.33 AC |
| Property Type | Land | ||
| Zoning | SU - Town of Bernalillo zoning | ||
| Price | $2,203,129 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 7.33 AC |
| Zoning | SU - Town of Bernalillo zoning |
1 Lot Available
Lot 1
| Price | $2,203,129 | Lot Size | 7.33 AC |
| Price Per AC | $300,563.30 |
| Price | $2,203,129 |
| Price Per AC | $300,563.30 |
| Lot Size | 7.33 AC |
Positioned along Hwy 528 with quick access to Hwy 550
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1-018-073-375-283 | Improvements Assessment | $0 |
| Land Assessment | $822,178 | Total Assessment | $822,178 |
Property Taxes
Parcel Number
1-018-073-375-283
Land Assessment
$822,178
Improvements Assessment
$0
Total Assessment
$822,178
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