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    1504 Wellspring Ave SE Rio Rancho, NM 87124

    New
    For Sale
    $707,850

    LAND - Rio Rancho, NM

    Lot size:
    1.25 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 1504 Wellspring Ave SE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1011067153245
    Lot size
    1.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Keller Williams Realty - Albuquerque (505) 271-8200 [email protected]

    Listing agent Faithe Real Estate Group (505) 401-0721

    Listing date Dec 3, 2025

    MLS# 1095255 Listing URL

    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

    Rio Rancho Commercial Land For Sale

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Auto Repair Shop HVAC Service Computer & Electronic Repair Tech Support Center Auto Parts Store Home Appliance Store Bed & Breakfast Carpet & Flooring 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
    -106.703959
    Latitude
    35.224696

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    FAQs

    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 Ave 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.
    (505) 401-0721
    Request Owner's contact information
    1504 Wellspring Ave SE Rio Rancho, NM 87124
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    Rio Rancho, NM 87124
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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
    1504 Wellspring Ave SE Rio Rancho, NM 87124
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