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Rio Rancho Commercial Land For Sale
For Sale
$707,850

1504 Wellspring Avenue SE, Rio Rancho, NM 87124

LAND - Rio Rancho, NM

Property SizeContact for details
Lot Size1.25 Acres
Days on Market263

Property Features for 1504 Wellspring Avenue SE

General Information

Property type Land
Property subtype Other
Zoning description C-1
Subdivision LOS DIAMANTES
Directions From Unser and Westside Blvd. West to Lot Located on the Corner of Wellspring and Westside Blvd.
Standard status Active
APN 1011067153245
Lot size 1.25 Acres

Taxes and HOA fees

Tax Annual Amount 4286

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Keller Williams Realty
Listed By: Faithe Real Estate Group
Added: Nov 15, 2025 Changed: Apr 15 Last Checked: Aug 5 at 4:06AM
MLS# 1095255

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1.25-acre commercial lot is located at the southwest corner of Westside Boulevard and Wellspring Avenue in Rio Rancho, New Mexico. The property benefits from its location near new developments on Unser Boulevard and Westside Boulevard. It offers excellent visibility and easy access via Wellspring Avenue. The surrounding area features a mix of residential and commercial properties. The lot is mostly level, and utilities are located close to the property. Seller financing terms are available.

Key Highlights

  • Prime commercial location at the SW corner of Westside Blvd. and Wellspring Ave.
  • Large 1.25‑acre lot suitable for development.
  • Excellent visibility and easy access via Wellspring Ave.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant HVAC Service Building Supply Auto Repair Shop Auto Parts Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby

Demographics for 87124, NM

59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 1.25 acre commercial lot in Rio Rancho, New Mexico.
Where is this commercial land located?
The property is located at 1504 Wellspring Avenue SE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $707,850.
What are key features of this property?
This property features: Prime commercial location at the SW corner of Westside Blvd. and Wellspring Ave.; Large 1.25‑acre lot suitable for development.; Excellent visibility and easy access via Wellspring Ave.
More about this property
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