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    <isConfidential>false</isConfidential>
    <filerInfo>

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          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
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      <regCik>0000893818</regCik>
      <regLei>5493008LW2651I1QB503</regLei>
      <regStreet1>100 Bellevue Parkway</regStreet1>
      <regCity>Wilmington</regCity>
      <regStateConditional regCountry="US" regState="US-DE"/>
      <regZipOrPostalCode>19809</regZipOrPostalCode>
      <regPhone>800-441-7762</regPhone>
      <seriesName>BlackRock LifePath Index 2070 Fund</seriesName>
      <seriesId>S000086333</seriesId>
      <seriesLei>52990081O7W66QTYJI08</seriesLei>
      <repPdEnd>2025-12-31</repPdEnd>
      <repPdDate>2025-06-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>14678281.59</totAssets>
      <totLiabs>12435.52</totLiabs>
      <netAssets>14665846.07</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>0.00000000</cshNotRptdInCorD>
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      <returnInfo>
        <monthlyTotReturns>
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        <othMon1 netRealizedGain="-2065.66000000" netUnrealizedAppr="75493.05000000"/>
        <othMon2 netRealizedGain="-29692.71000000" netUnrealizedAppr="581374.83000000"/>
        <othMon3 netRealizedGain="0.00000000" netUnrealizedAppr="516063.98000000"/>
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      <mon1Flow redemption="33407.01000000" reinvestment="0.00000000" sales="2282009.51000000"/>
      <mon2Flow redemption="331166.99000000" reinvestment="0.00000000" sales="2054389.62000000"/>
      <mon3Flow redemption="63583.45000000" reinvestment="0.00000000" sales="2576617.32000000"/>



    </fundInfo>
    <invstOrSecs>
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        <name>SMALL CAP LIFEPATH</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="BlackRock Identifier" value="BRSC7UH02"/>
        </identifiers>
        <balance>18212.83000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>572660.42000000</valUSD>
        <pctVal>3.904721331907</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares Core MSCI Total International Stock ETF</name>
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        <title>iShares Core MSCI Total International Stock ETF</title>
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        <identifiers>
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        <balance>68093.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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      </invstOrSec>
      <invstOrSec>
        <name>RUSSEL 1000 LIFEPATH</name>
        <lei>N/A</lei>
        <title>RUSSEL 1000 LIFEPATH MUTUAL FUND</title>
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        <identifiers>
          <other otherDesc="BlackRock Identifier" value="BRSC7UGQ6"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8198126.85000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares FTSE NAREIT All Equity REITs Index Fund</name>
        <lei>5299003R7QVUX5J8F342</lei>
        <title>iShares FTSE NAREIT All Equity REITs Index Fund</title>
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        <curCd>USD</curCd>
        <valUSD>131020.78000000</valUSD>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>iShares US Long Credit Bond Index Fund/BlackRock</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES</name>
        <lei>5493008LW2651I1QB503</lei>
        <title>BlackRock Cash Funds: Treasury, SL Agency Shares</title>
        <cusip>066922477</cusip>
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        <valUSD>361571.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>




      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>

    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-07-31</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Funds III</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
