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111 University Boulevard Se, Albuquerque, NM 87106

$100,000
  • 111 University Boulevard Se, Albuquerque, NM 87106 Main Photo

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Active
MLS#1104205
STATUSActive PROPERTY TYPECommercial - Business

Property Description

Property is being auctioned- buyer must register for tour (6/17) to attend before offer deadline at noon 6/18.Start price is $100,000 and the backdoor approach to land value indicates a value closer to $1,371,367.ChurchThe property consists of 12,991 square feet of improvements that once were a house of worship. The property sits on 0.8206 acres of R-MH zoned land. Day CareThe State of NM is one of the first to offer Universal Child Care in the passage of senate bill 241, signed by Governor Lujan-Grisham in March of 2026. With a starting price of $7.70 per improved sf, there is a long runway to make this deal pencil out as a church, day care, or church-day care combination.Is the highest and best use a new housing community?Site supports 100+ units of new apartments

111 University Boulevard Se | MLS# 1104205

This commercial property located at 111 University Boulevard Se, Albuquerque, NM 87106 is currently listed for sale with an asking price of $100,000. Search Albuquerque real estate on bmartinez.cblegacy.com today.

Property Features

Property Type: Commercial - Business
Heating: Combination
Lot Size: 0.86 Acres
Stories: 1.0

Feature Descriptions

Days on Site: 15
Exterior: Block
Parcel#: 101505736028010401
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: NM Apartment Advisors, Inc.
Agency Phone: (505) 440-8633

Shown By

Agent Name: Blanca N Martinez
Agent Phone: (575) 921-8945
Agency Title: Coldwell Banker Legacy

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