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    1242 Inca Rd NE Rio Rancho, NM 87144

    For Sale
    $99,000

    LAND - Rio Rancho, NM

    Lot size:
    1.00 Acre
    Days on Market:
    22
    Last Refresh:
    Dec 10 at 2:06 am

    Property Features for 1242 Inca Rd NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1-012-071-518-120
    Lot size
    1.00 Acre

    Simply Real Estate NM INC (505) 259-2415 [email protected]

    Listing agent Maria Cristina Tena (505) 415-0315 License #55054

    Listing date Nov 19, 2025

    Copyright © 2025 Southwest 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

    Commercial Land in Rio Rancho

    This one-acre lot, zoned NC for commercial use, is located in Rio Rancho, New Mexico. It presents an opportunity for investors or developers, with potential for mixed-use development. Residential uses are permitted as a secondary use or above the first floor. The lot necessitates the installation of a septic system and well. It is suitable for immediate construction or long-term investment in a developing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Gym & Fitness Kitchen & Bath Grocery Store Storage Facility

    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
    -106.674296
    Latitude
    35.279332

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    FAQs

    What type of property is this?
    Commercial land - One-acre commercial lot in Rio Rancho, suitable for mixed-use development.
    Where is this commercial land located?
    The property is located at 1242 Inca Rd NE Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: - Prime 1-acre lot zoned NC for commercial use.; - Residential uses permitted as a secondary use or above the first floor, ideal for mixed-use development.; - Excellent potential for investors or developers.
    (505) 415-0315
    Request Owner's contact information
    1242 Inca Rd NE Rio Rancho, NM 87144
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    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
    1242 Inca Rd NE Rio Rancho, NM 87144
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