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    For Sale (53)

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    Land in Growing Rio Rancho
    $36,750
    0.50 Acres

    Land in Growing Rio Rancho

    Land lot in growing area, owner financing possible.

    31ST Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land Package
    $58,200
    2.00 Acres

    Rio Rancho Land Package

    Four lots in Rio Rancho Unit 25, being sold as package.

    Natalie 4 Lots Rd NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    $31,500
    2.00 Acres

    Rio Rancho Land Opportunity

    Two lots for sale in growing Rio Rancho area.

    2825- Perla Ct NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    Contact for pricing
    0.50 Acres

    Rio Rancho Land Opportunity

    Land for sale in Rio Rancho, east of Unser Blvd.

    3001 Siddartha U25B76L52 Rd NE, Rio Rancho, NM 87144
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    Acre of Land in Rio Rancho
    Contact for pricing
    1.00 Acre

    Acre of Land in Rio Rancho

    Acre of contiguous lots in path of Rio Rancho growth.

    3713 Highlonesome Dr NE, Rio Rancho, NM 87144
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    Rio Rancho Land For Sale
    Contact for pricing
    0.50 Acres

    Rio Rancho Land For Sale

    Land in growing area, owner financing possible.

    Davis Ave NE, Rio Rancho, NM 87144
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    Rio Rancho Land For Sale
    $39,700
    0.50 Acres

    Rio Rancho Land For Sale

    Land in growing area of Rio Rancho, New Mexico.

    Davis Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Contiguous Lots
    $127,950
    2.00 Acres

    Rio Rancho Contiguous Lots

    Four contiguous lots near Paseo del Vulcan and Unser.

    31ST Ave NE, Rio Rancho, NM 87144
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    Rio Rancho Land For Sale
    $107,450
    1.00 Acre

    Rio Rancho Land For Sale

    Oversized lot near city center, primed for development.

    Metro U21B15L16 Ave NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    $62,650
    4.00 Acres

    Rio Rancho Land Opportunity

    Eight lots in path of growth in Rio Rancho, NM.

    3828 Highlonesome Dr NE, Rio Rancho, NM 87144
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    Rio Rancho Land For Sale
    Contact for pricing
    0.50 Acres

    Rio Rancho Land For Sale

    Land for sale in a growing Rio Rancho area.

    3611 Lk Vly Dr NE, Rio Rancho, NM 87144
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    Land in Rio Rancho
    $250,000
    0.89 Acres

    Land in Rio Rancho

    Two lots available on King Boulevard in Rio Rancho.

    2113 King U21B16L26 And 27 Blvd NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    Contact for pricing
    0.50 Acres

    Rio Rancho Land Opportunity

    Half-acre lot in Rio Rancho's growth path.

    3807 Lombardy Rd NE, Rio Rancho, NM 87144
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    Land in Rio Rancho, NM
    Contact for pricing
    2.66 Acres

    Land in Rio Rancho, NM

    2.66 acres of contiguous land in Rio Rancho.

    Orleans Rd NW, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    Contact for pricing
    1.00 Acre

    Rio Rancho Land Opportunity

    One acre commercial land for sale in Rio Rancho.

    2700 Percival St NE, Rio Rancho, NM 87144
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    Land in Rio Rancho, NM
    Contact for pricing
    0.50 Acres

    Land in Rio Rancho, NM

    Located in the NW portion of Unit 25, west of Mariposa.

    5611 Baniff 25B29L64 Ct NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    $61,400
    2.00 Acres

    Rio Rancho Land Opportunity

    Two O-1 zoned lots in Rio Rancho for sale.

    2701 Braunfels St NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    Contact for pricing
    0.50 Acres

    Rio Rancho Land Opportunity

    Half-acre lot in Rio Rancho's growth path.

    3728 Highlonesome Dr NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    Contact for pricing
    0.55 Acres

    Rio Rancho Land Opportunity

    Half acre lot in Rio Rancho's growth path.

    3803 Lombardy Rd NE, Rio Rancho, NM 87144
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    Rio Rancho Land For Sale
    $107,450
    0.80 Acres

    Rio Rancho Land For Sale

    Oversized lot near city center, Rio Rancho, New Mexico.

    3008 Carthage Ct NE, Rio Rancho, NM 87144
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    Rio Rancho M-1 Zoned Land
    $30,700
    1.00 Acre

    Rio Rancho M-1 Zoned Land

    M-1 zoned lot in Rio Rancho's growth path.

    2716 Braunfels St NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    Contact for pricing
    1.00 Acre

    Rio Rancho Land Opportunity

    Land in Rio Rancho, NM, great investment opportunity.

    2901 Perla Ct NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    $84,250
    2.50 Acres

    Rio Rancho Land Opportunity

    2.5 acres of land in Rio Rancho for sale.

    3821 Highlonesome Dr NE, Rio Rancho, NM 87144
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    Four Contiguous Lots in Rio Rancho
    $119,600
    4.00 Acres

    Four Contiguous Lots in Rio Rancho

    Four one-acre lots with electricity in Rio Rancho, NM.

    2nd 2Nd Ave NW, Rio Rancho, NM 87124
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    Two Contiguous Lots in Rio Rancho
    $59,900
    2.00 Acres

    Two Contiguous Lots in Rio Rancho

    Two contiguous 1-acre lots with electricity in Rio Rancho.

    2nd U8B24L32 33 Ave NW, Rio Rancho, NM 87124
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    Large Parcel in Alamogordo, NM
    $590,000
    32.00 Acres

    Large Parcel in Alamogordo, NM

    32+ acre property in a developing area, priced competitively.

    Hamilton Rd, Alamogordo, NM 88310
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    Rio Rancho Land Opportunity
    Contact for pricing
    1.00 Acre

    Rio Rancho Land Opportunity

    Two half-acre lots in Rio Rancho's growth path.

    3828 Highlonesome Dr NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land Opportunity
    Contact for pricing
    1.80 Acres

    Rio Rancho Land Opportunity

    1.8 acres of land in Rio Rancho for sale.

    3716 Highlonesome Dr NE, Rio Rancho, NM 87144
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    Rio Rancho Land For Sale
    $36,750
    0.50 Acres

    Rio Rancho Land For Sale

    Land available in growing Rio Rancho area.

    32ND Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    $102,750
    1.50 Acres

    Rio Rancho Land For Sale

    Three contiguous lots in growing Rio Rancho area.

    Davis Ave NE, Rio Rancho, NM 87144
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    Rio Rancho Land For Development
    $214,900
    1.85 Acres

    Rio Rancho Land For Development

    Two lots primed for development in Rio Rancho City Center.

    2218 Metro Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    $30,000
    1.03 Acres

    Rio Rancho Land For Sale

    Over one acre of land near Unser and Hwy 550.

    6214 Greystone Loop NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    $31,200
    0.50 Acres

    Rio Rancho Land Opportunity

    Land near Hawk Development in Rio Rancho, New Mexico.

    6021 Natalie U25B21L13 Rd NE, Rio Rancho, NM 87144
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    Rio Rancho Land Package
    $66,816
    2.00 Acres

    Rio Rancho Land Package

    Four residential lots in Rio Rancho, being sold as package.

    4 Lots Rd NE, Rio Rancho, NM 87144
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    Rio Rancho Land For Sale
    Contact for pricing
    0.50 Acres

    Rio Rancho Land For Sale

    Land available in Rio Rancho, presenting an investment opportunity.

    1601 Jaipur U25B50L39 Rd NE, Rio Rancho, NM 87144
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    Rio Rancho Land For Sale
    $46,800
    1.11 Acres

    Rio Rancho Land For Sale

    Two lots in path of growth, Unit 25, Rio Rancho.

    5229 Overidge U25B9L50 51 Rd NE, Rio Rancho, NM 87144
    View details
    4.84 Acre Lot in Alamogordo
    $175,000
    4.84 Acres

    4.84 Acre Lot in Alamogordo

    Residential land for sale with mountain views in Alamogordo, NM.

    Divers Cv, Alamogordo, NM 88310
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    Rio Rancho Land Opportunity
    Contact for pricing
    0.50 Acres

    Rio Rancho Land Opportunity

    Land for sale in Rio Rancho, New Mexico.

    5525 Wooden U25B25L3 Rd NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    Contact for pricing
    0.50 Acres

    Rio Rancho Land Opportunity

    Land available near Hawk Development in Rio Rancho, New Mexico.

    4620 Nashville U25B7L36 Rd NE, Rio Rancho, NM 87144
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    Rio Rancho Land Opportunity
    Contact for pricing
    1.00 Acre

    Rio Rancho Land Opportunity

    Acre of contiguous lots in Rio Rancho growth area.

    3821 Highlonesome Dr NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    Contact for pricing
    0.50 Acres

    Rio Rancho Land For Sale

    Land available in growing Rio Rancho area.

    29TH 29 Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    Contact for pricing
    0.50 Acres

    Rio Rancho Land For Sale

    Land in growing area of Rio Rancho available for purchase.

    31ST Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    $32,000
    0.50 Acres

    Rio Rancho Land For Sale

    Land in growing area, owner financing possible.

    Moquino Ct NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    $36,750
    0.50 Acres

    Rio Rancho Land For Sale

    Land available in growing Rio Rancho area.

    31ST Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    $43,500
    1.00 Acre

    Rio Rancho Land For Sale

    Land available in growing Rio Rancho area.

    Davis Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    $170,000
    1.00 Acre

    Rio Rancho Land For Sale

    Oversized lot near city center, primed for development.

    2218 Metro Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    $172,100
    2.00 Acres

    Rio Rancho Land For Sale

    Two-acre commercial land in Rio Rancho, zoned CBD.

    Davis Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land Opportunity
    Contact for pricing
    0.79 Acres

    Rio Rancho Land Opportunity

    Corner lot with potential, larger than usual in Rio Rancho.

    3801 Mint Rd NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land For Sale
    $120,555
    0.50 Acres

    Rio Rancho Land For Sale

    Land available in Rio Rancho, owner financing considered.

    2120 Painted Hl U21B9L13 Ave NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land Opportunity
    Contact for pricing
    0.50 Acres

    Rio Rancho Land Opportunity

    Land available in Rio Rancho near Unser and Northern Meadows.

    1600 Kearney Ave NE, Rio Rancho, NM 87144
    View details
    Land in Growing Rio Rancho
    $44,800
    2.00 Acres

    Land in Growing Rio Rancho

    Two T-Z zoned lots in path of growth.

    2616 Braunfels St NE, Rio Rancho, NM 87144
    View details
    Rio Rancho Land Opportunity
    $49,800
    2.00 Acres

    Rio Rancho Land Opportunity

    Two T-Z zoned lots in path of Rio Rancho growth.

    2702 Duester St NE, Rio Rancho, NM 87144
    View details
    Two Contiguous Lots in Rio Rancho
    $59,900
    1.00 Acre

    Two Contiguous Lots in Rio Rancho

    Two contiguous 1-acre lots with electricity in Rio Rancho.

    2nd U8B24L30 31 Ave NW, Rio Rancho, NM 87124
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Realty Specialists Group
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