Residential Land for Auction in Albuquerque, New Mexico
111 University Blvd SE, Albuquerque, NM 87106
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
Auction details
- Price
- $100,000 minimum
Location
- Street address
- 111 University Blvd SE
- County
- Bernalillo County
- Community
- UNM South
- Elevation
- 5,130 feet
Directions
From I-25 and Centarl east to University south 100' to subject property
Property details
- Lot size
- 0.86 acres37,462 sq ft
- Zoning
- R-MH*
- MLS #
- SWMLS 1104205
- Posted
Parcels
- 101505736028010401
Legal description
Lots 7 Thru 11 Blk 64 Terrace Add & N 10Ft Vacated Gold Ave
Details and features
Listing
- Type
- Residential
Structure
- Stories
- 1
- Cooling
- Yes
- Materials
- Block
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 26, 2026 | New listing | $100,000 | — | SWMLS |