517 1st SW
517 1st SW, Albuquerque, NM 87102
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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
New Mexico Apartment Advisors
Building Details
- For Sale $1,390,000
- Property Type VacantLand
- Property Size 21,344.4 SF
- Lot Size 0.49 Acre
- Date Updated May 4, 2026
Getting Around
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Walk Score ®
Walker's Paradise (91) -
Transit Score ®
Some Transit (49) -
Bike Score ®
Very Bikeable (78)
Location
- City Albuquerque, NM
- Neighborhood Barelas
- Zip Code 87102
- Market Albuquerque
Points of Interest
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
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
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
American Limousine
1.21 miles
Champion Xpress Car Wash
1.55 miles
Brite Shine Carwash
2.08 miles
Chevron
2.81 miles
ABQ Rental Car Center
2.96 miles
ACE Car Rental
3.05 miles
Budget
3.06 miles
Avis
3.07 miles
Airport Car Rental Return Facility
3.07 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
Stadium Super Market
0.75 miles
Lowes Foods
1.00 miles
Smith's
1.72 miles
La Montanita
1.82 miles
Burlington
1.92 miles
Ross
2.07 miles
El Super
2.10 miles
La Montañita Co-op Nob Hill
2.63 miles
Nob Hill Body and Soul Center
2.90 miles
Albuquerque Fire Station 1
0.36 miles
BridgeCare ABA: Therapy For Autism
0.60 miles
John A. Price Law Enforcement Center
0.66 miles
Bernalillo County Public Safety Center
0.70 miles
ENT and Sinus Center ABQ, PC Gerald N. Bart M.D., F.A.C.S
0.73 miles
CrossRiverTherapy NM
0.74 miles
Lovelace Medical Center
0.84 miles
GI Lab
0.96 miles
Lovelace Rehabilitation Hospital
0.97 miles
517 1st SW Listing Summary
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What is the asking price at 517 1st SW?
517 1st SW is currently listed for sale at Contact for pricing.
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What is the total size of 517 1st SW?
517 1st SW has a total of 0.49 square feet.
New Mexico Apartment Advisors
