#1070609, Bryan I Lopez, Listing Office: Coldwell Banker Legacy
Property details
About 517 1st St SW
The current owner has plans for 100 Multi-family units on the site, with first floor parking, including a roof top deck amenity. The property is conveniently located directly west of the planned $70M Rail Trail, south of the Alvarado Transportation Hub, just southwest of the ABQ Innovation district, and north west of the under development NM Media Academy, and on the east side of the Central Business District.The asking price is $1,750,000, with a price per unit of $17,500, and a price per square foot of $82.33. Using price pre unit and recent comparable sales supports a value closer to $2,150,983.Subject property might qualify for the first round of $30,000,000 of financing from the NMFA Opportunity Enterprise Housing Development Fund - applications are open from 9/4 to 10/16
Highlights
Home typeOther
StatusActive
Lot size0.49 Acres
MLS #1072123
Summary
- List Price: $1,390,000
- Directions: From Central and 2nd south to Iron, east to the property.
- Lot Size: 0.49 Acres
- MLS Number: 1072123
- MLS Name: SWMLS
- Office Name: NM Apartment Advisors, Inc.
- Office Phone: (505) 440-8633
- Office Email: tclarke@nmapartment.com
- Listing Agent: Todd D Clarke
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,390,000
517 1st St SW
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Price information
Property sales
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Tax history
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Nearby schools
3
Longfellow Dual Language Magnet Elementary School
Public District KG-5
0.3 mi
•400 Edith Blvd NE
5
Lew Wallace Elementary School
Public District KG-5
0.4 mi
•513 6th St NW
6
Coronado Elementary School
Public District KG-5
0.7 mi
•601 4th St SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,091. Residents of Albuquerque, NM typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
51%
<35k
38%
35k-100k
8%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
87%
Single, No Kids
7%
Single, with Kids
5%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
46%
18-34 yrs old
45%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 517 1st St SW
The listing price of 517 1st St SW property is $1,390,000.
The property 517 1st St SW is land located in Albuquerque, New Mexico, 87102.
Active Listing: 517 1st St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 517 1st St SW are: Longfellow Dual Language Magnet Elementary School (GreatSchools Rating 3/10), Lew Wallace Elementary School (GreatSchools Rating 5/10), Coronado Elementary School (GreatSchools Rating 6/10), Washington Middle School (GreatSchools Rating 4/10), Jefferson Middle School (GreatSchools Rating 4/10), Garfield STEM Magnet & Community School Middle School (GreatSchools Rating 4/10), Abq Charter Academy (GreatSchools Rating 2/10), Amy Biehl Charter High School (GreatSchools Rating 6/10), Siembra Leadership High School (GreatSchools Rating 1/10).
The property 517 1st St SW is 0.49 acres.
This home is located at 517 1st St SW in Albuquerque, NM and zip code 87102 in the Northwest Albuquerque neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $1,390,000.
While more than 116 listings in Albuquerque, NM in April 2025 were sold above asking price, there were more than 170 listings sold at asking price, and more than 276 were sold below. The inventory of homes for sale in Albuquerque, NM between March and April 2025 decreased by 10.5%. Listings spent 30 days on the market in April 2025, and had a median list price of $349,957 during the same period.
From Rocket Homes Real Estate and based on county public records data.