Residential Development Land
For Sale
Contact for pricing
161 23rd Avenue SE, Rio Rancho, NM 87124
LAND - Rio Rancho, NM
Property SizeContact for details
Lot Size1.10 Acres
Days on Market174
Property Features for 161 23rd Avenue SE
General Information
Property type
Land
Property subtype
Other
Zoning description
R-1
Subdivision
Rio Rancho Estates
Lot features
Views, Gentle Sloping
Directions
Go South on Rainbow Blvd from Isabel Rd to Mariposa Rd. Turn left on Mariposa Rd to 23rd Ave. Lot 18 is located on the South side of 23rd Ave where where Mariposa Rd & 23rd Ave meet.
Standard status
Active
APN
1009067340022
Lot size
1.10 Acres
Taxes and HOA fees
Tax Annual Amount
368
Listing Agency:
Colfack Real Estate Team LLC
(505) 828-1075
Listed By:
Fred E Colfack · License #12709
(505) 828-1075
Added: Feb 19
Changed: Jun 18
Last Checked: Aug 12 at 9:06AM
MLS# 1098585
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 offering is for a residential land lot totaling 1.1 acres. The property is listed for sale and is categorized as residential land and home lots, suitable for buyers looking to develop a future home site.
The lot is located in Unit 10 of Rio Rancho, New Mexico, just west of newly built custom homes. The listing indicates the area is undergoing ongoing development, which may be relevant to buyers planning their next project in a growing neighborhood.
For prospective homeowners or developers, the primary value here is the size and residential lot classification, giving room to plan a site layout within Unit 10. Interested parties should verify all development requirements, including utilities, access, and any applicable permitting or restrictions with the appropriate local authorities before moving forward.
The lot is located in Unit 10 of Rio Rancho, New Mexico, just west of newly built custom homes. The listing indicates the area is undergoing ongoing development, which may be relevant to buyers planning their next project in a growing neighborhood.
For prospective homeowners or developers, the primary value here is the size and residential lot classification, giving room to plan a site layout within Unit 10. Interested parties should verify all development requirements, including utilities, access, and any applicable permitting or restrictions with the appropriate local authorities before moving forward.
Key Highlights
- Full acre+ lot size
- Location in rapidly developing Unit 10
- Excellent investment potential
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
429
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Over one-acre residential lot in Unit 10, positioned near newly built custom homes.
Where is this residential land & home lot located?
The property is located at 161 23rd Avenue SE Rio Rancho, NM.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Full acre+ lot size; Location in rapidly developing Unit 10; Excellent investment potential
