π 1430 Franciscan St NE, Albuquerque, NM 87102
π° Wholesale Price: $135,000
π ARV: $250,000
π COE: 3/5/2026
π΅ EMD: $5,000 (Non-Refundable)
π¦ Post Possession: None
π OVERVIEW:
β’ Property Type: Single-Family Structure (unfinished interior)
β’ Bedrooms/Bathrooms: 2 bed / 1 bath
β’ Living Area: ~867 SQ FT
β’ Lot Size: 5,066 SQ FT
β’ Year Built: 1935
β’ Parking: Off-Street
β’ Occupancy: Vacant (several years)
β’ Zoning: NR-LM (Non-Residential Light Manufacturing)
π§ CONDITION SUMMARY:
β’ Full interior build-out required
β’ Interior walls framed β no drywall installed
β’ Ceilings open
β’ Electrical rough mostly run but unfinished
β’ Will need to be tied into a new exterior panel
β’ Plumbing rough partially installed
β’ Blank slate ideal for contractor or experienced investor
β’ Roof: Seller reports long-life rubber roof in good condition
β’ Exterior: Modern stucco
β’ Structure: No known structural issues reported
β’ Permits and inspections will be required to complete
β οΈ ZONING & USE DISCLOSURE (IMPORTANT):
β’ Zoned NR-LM under Albuquerque IDO
β’ Zoning adopted: Nov 13, 2017 | Effective: May 17, 2018
β’ Residential use is NOT permitted by right
β’ Uses classified as:
β P = Permissive
β C = Conditional
β A / CA = Accessory or Conditional Accessory
β’ Residential use may be allowed ONLY if:
β Residence existed prior to zoning change (Built 1935)
β Legally established at the time
β Recognized by City as a legal non-conforming use
β’ Rezoning to Residential or MX-L typically requires:
β Formal application
β Fees
β Planning review
β Possible neighborhood input
β’ Buyer to independently verify zoning, use, and financing feasibility
πͺ ACCESS INSTRUCTIONS:
Vacant β By appointment only
Contact Dalton Pierce for showings and offers
π LINKS TO RESOURCES:
π· Pictures: https://drive.google.com/drive/folders/19J8BPY_KvQnD-R_3xWSn-lWF5GQaqRDe?usp=sharing
π Comps: https://drive.google.com/drive/folders/19E1dhFruoAYD3YMbHlxWndytigb6QYB5?usp=sharing
π CONTACT:
Dalton Pierce
Business Cell: 505-456-3929
Personal: 505-414-3195