Commercial Corner
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 Market356
Property Features for 1504 Wellspring Avenue SE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
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 Description
Subd: Rio Rancho Estates Unit: 10 Block: 27 Lot: 10-A1 S: 35 T: 12N R: 2E
Tax Annual Amount
4286
Legal Description
Subd: Rio Rancho Estates Unit: 10 Block: 27 Lot: 10-A1 S: 35 T: 12N R: 2E
Listing Agency:
Keller Williams Realty
(505) 271-8200
Listed By:
Faithe Real Estate Group
(505) 401-0721
Added: Nov 15, 2025
Changed: Oct 30
Last Checked: Nov 5 at 1:06PM
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.
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Investment Insights
Based on property information with market context.
This 1.25-acre commercial parcel occupies the southwest corner of Westside Boulevard and Wellspring Avenue in Rio Rancho. The land is mostly level, with utilities close to the property, and carries C-1 zoning.
Access is available from Wellspring Avenue. The surrounding area includes both residential and commercial development, with new development noted along Unser and Westside Boulevard.
Access is available from Wellspring Avenue. The surrounding area includes both residential and commercial development, with new development noted along Unser and Westside Boulevard.
Key Highlights
- 1.25‑acre commercial parcel
- Southwest corner of Westside Boulevard and Wellspring Avenue
- C‑1 zoning
Property Analytics
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Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - C-1 zoning and utilities close to the site support commercial development planning.
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: 1.25‑acre commercial parcel; Southwest corner of Westside Boulevard and Wellspring Avenue; C‑1 zoning
