MLS#1104205
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
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
Property Features
Property Type: Commercial - Business
Heating: Combination
Lot Size: 0.86 Acres
Stories: 1.0
Feature Descriptions
Days on Site: 6
Exterior: Block
Parcel#: 101505736028010401
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: NM Apartment Advisors, Inc.
Agency Phone: (505) 440-8633
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 293-3700
Top REALTORS® in this Area
Casey Landis
From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable,
trustworthy, and committed realtor.
— Gregory Howell
— Gregory Howell
Ashly Jaramillo
I had an excellent experience working with Ashly. I would recommend her to anyone that is in the process of buying a home.— Martha Edwards
— Martha Edwards
111 University Boulevard Se | MLS# 1104205
This commercial property located at 111 University Boulevard Se, Albuquerque, NM 87106 is currently listed for sale with an asking price of $100,000. Search Albuquerque real estate on www.cblegacy.com today.