$50,000

active

517 3rd Street SW, Albuquerque, NM 87102

17 days on market

Lot

2,614 sqft

Type

land

About This Property

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.

Features & Amenities

Paved

Water: Public

Sewer: PublicSewer

Subdivision: N/A

Elementary: Dolores Gonzales

Middle: Washington

High: Albuquerque

Property Details

MLS #	1101840
Property Type	land
Lot Size	2,614 sqft
Property Tax (est.)	$173/yr ($14/mo)
Status	Active
Days on Market	17

About Downtown / EDo → Full Guide

Price vs. Neighborhood

This home

$50,000

Downtown / EDo median

$310,000

84% below the Downtown / EDo median. Homes here sell in an average of 40 days.

Commute Times

Unm

8 min

Downtown

0 min

Abq Studios

18 min

Sandia Labs

20 min

Kirtland Afb

15 min

Presbyterian

5 min

Intel Rio Rancho

30 min

Nearby Schools

Albuquerque High School

9-12 · APS

5/10

Longfellow Elementary

K-5 · APS

4/10

Washington Middle School

6-8 · APS

4/10

Neighborhood Guide

Explore Downtown / EDo

Urban & Revitalizing

Listing courtesy of Double Eagle Real Estate. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.