Positioned in the heart of Downtown Albuquerque, this .06-acre Mixed Use lot offers a rare opportunity for flexible urban development in one of the city's most walkable and evolving districts. The MX-L designation allows for a variety of potential uses including small-scale retail, office space, residential units, or a mixed-use concept with living above workspace--ideal for investors, builders, or owner-occupants seeking a live/work footprint.Surrounded by restaurants, entertainment, transit access, and ongoing redevelopment, the property is well suited for a compact infill project that takes advantage of the energy and visibility of the downtown corridor. Utilities nearby and strong growth momentum in the area make this a strategic site with long-term upside.
Lot/land
$50,000
517 3rd St SW, Albuquerque, NM 87102
--beds
--baths
2,613Square Feet
Unimproved Land
Built in ----
2,613 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 70 days |
- 17 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Gabriel Jerome Vargas 505-417-2245,
Double Eagle Real Estate 505-883-1414
Source: SWMLS,MLS#: 1101840
Facts & features
Property
Parking
- Parking features: Paved
Lot
- Size: 2,613 Square Feet
- Topography: Level
Details
- Parcel number: 101405716925620514
- Zoning description: MX-L*
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Curbs, Gutter(s)
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $9,700
- Annual tax amount: $172
- Date on market: 4/16/2026
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,733/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $50,000 |
Source:  SWMLS #1101840 Report a problem | ||
| 5/3/2026 | Pending sale | $50,000 |
Source: SWMLS #1101840 Report a problem | ||
| 4/17/2026 | Listed for sale | $50,000 |
Source: SWMLS #1101840 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $173 -3% | $3,233 |
| 2024 | $178 -0.3% | $3,233 |
| 2023 | $179 +1.8% | $3,233 |
| 2022 | $176 | $3,233 |
| 2021 | -- | $3,233 |
| 2020 | $176 | $3,233 |
| 2019 | -- | $3,233 |
| 2018 | $171 -2.5% | $3,233 |
| 2017 | $176 +1.2% | $3,233 |
| 2016 | $174 -94.6% | $3,233 |
| 2015 | $3,233 +1804.9% | $3,233 |
| 2014 | $170 | $3,233 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Barelas
Nearby schools
GreatSchools rating
- 6/10Dolores Gonzales Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Dolores Gonzales
- Middle: Washington
- High: Albuquerque
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Bernalillo County
- Albuquerque
- 87102
- Barelas
- 517 3rd St SW
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