
Opportunity Zone Land for Sale OR Lease
VACANT LAND DEVELOPMENT OPPORTUNITY
Marketing description
CALLING ALL DEVELOPERS - OPPORTUNITY ZONE * HUBZONE * ELECTRIC CAR STATION * CANNABIS FRIENDLY PROPERTY * MIXED USE OPTIONS AVAILABLE
In 2017, Congress created one of the most powerful tax incentives in American history.
Most investors still don't fully understand it. And even fewer know how to use it well.
Opportunity Zones allow investors to defer, reduce, and eliminate capital gains taxes, while directing that capital into real estate and businesses in designated communities across the country.
That was OZ 1.0.
OZ 2.0 takes effect January 1, 2027... and the window to position yourself ahead of it is open right now.
Which means this:
The investors, developers, and advisors who understand this program deeply (and know how to execute) are going to have a significant edge over those who don't.
Conveniently located to both interstates I-25 and I-40, Located near ALL MAJOR Hospitals and the Downtown Central Business District. • strategically located at the SE corner of Fourth st and McKnight, this property is ready for SEVERAL redevelopment opportunities.
LOCATION: Parcel is located in a Metropolitan Redevelopment Area of the City of Albuquerque in an effort to encourage urban infill development and affordable housing, has approved multi-story MUH and mixed use developments and will expedite approval process for developers. MRA - No Impact Fees • Form-Based Zoning Overlay to allow for High Density & Additional Uses. • Sector Plan Approved by EPC to allow for Fast-Track Permitting. Property is part of the North 4th Sector Plan.
POSSIBLE USES Include: Medical/Urgent Care/Physical/Occupational Therapies/Kidney Dialysis, Mixed-Use, Retail, Hospitality, and more. Drive-Thru Availability Conveniently • UNM & CNM • Old Town, Galleries & Museums • Pueblo Cultural Center & Indian School Redevelopment • Downtown Central Business & Courthouse Districts - FEDERAL - DISTRICT - METRO. and the Albuquerque International Airport. Property is fronted by 4th Street, McKnight, and 3rd Street NW, with possible access from ALL three streets • Located in central Albuquerque, close to downtown, Interstate 40 & 25 without congestion from major medical centers • The City of Albuquerque Metropolitan Redevelopment Agency, MRWM Landscape Architects, and Wilson & Company Engineers are pleased to release the Albuquerque Rail Trail Framework Plan as of March 15, 2022.
VISION: The Albuquerque Rail Trail will transform Downtown's rail corridor into a vibrant and artistic urban trail that creates opportunities for economic development, healthy recreation, and cultural expression. The Trail will connect the diverse communities it travels through and build bridges across those that have been disconnected. Following an ancient path created by footsteps and expanded over centuries by the wheel, the Rail Trail is the next expression of this essential trade route, embracing a resilient future for Downtown Albuquerque. See the interactive links attached.
Investment highlights
- Parcel is located in a metropolitan redevelopment area
- City of Albuquerque, in an effort to encourage urban in-fill development and affordable housing, has approved multi-story
- MUH and mixed use developments and will expedite approval process for developers
- MRA - no impact fees
- Form-based zoning overlay to allow for high density & additional uses
- Sector plan approved by EPC, to allow for fast-track permitting
- Possible uses include: medical/urgent care/physical/occupational
- Therapies/kidney dialysis, mixed-use, retail, hospitality, and more
- Drive-thru availability
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