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    0000 Altamont Dr NE Rio Rancho, NM 87144

    For Sale
    $30,500

    Vacant Land - Rio Rancho, NM

    Lot size:
    0.50 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 12 at 5:06 pm

    Property Features for 0000 Altamont Dr NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    APN
    1011072280352
    Parking features
    Garage
    Lot size
    0.50 Acres

    Building Details

    Architectural style
    Other

    Tierra Grande Realty

    Listing agent Jere Rohe (505) 896-0053

    Listing date Oct 8, 2025

    MLS# 10926523 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rio Rancho Vacant Land Available

    This half-acre vacant land is located near the intersection of New Main Street and King Boulevard in Rio Rancho, New Mexico. The site is situated close to an existing subdivision. The zoning is 100. There are no utilities currently on the lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Spa & Massage Clothing Store Building Supply Auto Repair Shop Kitchen & Bath Wholesale Shop HVAC Service Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.69935
    Latitude
    35.298463

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    FAQs

    What type of property is this?
    Land - Half-acre vacant land near New Main Street and King Blvd.
    Where is this land located?
    The property is located at 0000 Altamont Dr NE Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $30,500.
    What are key features of this property?
    This property features: - Large 1/2 acre lot size.; - Located near New Main Street and King Blvd.; - Close to an existing subdivision.
    (505) 896-0053
    Request Owner's contact information
    0000 Altamont Dr NE Rio Rancho, NM 87144
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    Realmo Value Estimation

    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.

    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.

    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
    0000 Altamont Dr NE Rio Rancho, NM 87144
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