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Mixed-Use Land for Sale in Albuquerque, New Mexico
Rainbow & Squaw NW, Albuquerque, NM 87120
$190,000
1.62 acres
Active
$10k drop
Est $1,430/moThis exceptional listing offers a total of 5 contiguous lots, spanning 1.62 acres of prime multifamily-zoned land on Albuquerque's desirable Westside. Situated just moments from Volcano Vista High School, this property is ideally positioned for residential development, providing easy access to local amenities, major roadways, and schools.With multifamily zoning in place, this property presents a unique opportunity for developers and investors looking to capitalize on the growing demand for housing in the area. The location is ideal for creating a modern residential complex or mixed-use development, benefiting from proximity to schools, parks, shopping, and entertainment options.
Location
- Street address
- Rainbow & Squaw NW
- County
- Bernalillo County
- Community
- Volcano Cliffs
- Elevation
- 5,384 feet
Directions
From Unser Blvd head west on Rainbow, then right on Squaw.
Property details
- Acreage
- 1.62 acres
- MLS #
- SWMLS 1076327
- Posted
Property taxes
- Recent
- $1,600
Parcels
- 100906339845710703
Details and features
Listing
- Type
- Land
- Franchise
- Independent
Lot
- Features
- Acreage, Views
Structure
- Water
- Public
- Sewer
- Public Sewer
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Tierra Antigua | Elementary | — | — |
| Tony Hillerman | Middle | — | — |
| Volcano Vista | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 26, 2025 | Price drop | $190,000 | $10,000 -5% | SWMLS |
| Oct 28, 2025 | Relisted | $200,000 | — | SWMLS |
| Oct 27, 2025 | Listing removed | $200,000 | — | Listing agent |
| May 1, 2025 | Price drop | $200,000 | $20,000 -9.1% | SWMLS |
| Jan 11, 2025 | New listing | $220,000 | — | SWMLS |
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