Corner Commercial
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 Market310
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
(505) 271-8200
Listed By:
Faithe Real Estate Group
(505) 401-0721
Added: Nov 15, 2025
Changed: Aug 19
Last Checked: Sep 21 at 1:06AM
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 land parcel occupies the southwest corner of Westside Boulevard and Wellspring Avenue in Rio Rancho. The site is mostly level, and utilities are located close to the property. Public water and public sewer are identified for the parcel.
The property sits near new development along Unser and Westside Boulevard, within an area that includes both residential and commercial uses. Its corner position provides exposure to two roadways, while Wellspring Avenue supplies property access. The surrounding development pattern supports consideration of commercial uses consistent with the applicable land-use requirements.
The property sits near new development along Unser and Westside Boulevard, within an area that includes both residential and commercial uses. Its corner position provides exposure to two roadways, while Wellspring Avenue supplies property access. The surrounding development pattern supports consideration of commercial uses consistent with the applicable land-use requirements.
Key Highlights
- 1.25‑acre commercial land parcel
- Southwest corner of Westside Boulevard and Wellspring Avenue
- Mostly level site with utilities close to the property
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
Explore this area
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 - Mostly level commercial parcel near a developing residential and commercial area, with access from Wellspring Avenue.
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 land parcel; Southwest corner of Westside Boulevard and Wellspring Avenue; Mostly level site with utilities close to the property
