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C-1 Commercial Land
For Sale
$600,000

1720 King Boulevard NE, Rio Rancho, NM 87144

Land, Rio Rancho, NM

Property SizeContact for details
Lot Size1.88 Acres
Days on Market213

Property Features for 1720 King Boulevard NE

General Information

Property type Land
Property subtype Other
Zoning description C-1
Subdivision RIO RANCHO ESTATES
Lot features Gentle Sloping
Directions At Unser and King head W and look for sign on left hand side.
Standard status Active
APN 1011073240373
Lot size 1.88 Acres

Taxes and HOA fees

Tax Annual Amount 1296

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Re/Max Exclusive · RE/MAX International
Listed By: Hana Team
Added: Mar 9 Changed: Sep 5 Last Checked: Oct 7 at 9:06AM
MLS# 1099567

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 1.88-acre commercial land offering consists of 4 adjoining lots with C-1 zoning. The parcels have frontage along King Boulevard and Unser Boulevard, with public water and public sewer identified for the property. The site is positioned for commercial development and is described as suitable for restaurant, retail, strip mall, and fast-food uses.

The property records approximately 40,000 cars passing daily and is near UNM Hospital, the UNM/CNM college campus, City Hall, the HP Tech Building, Rio Rancho Event Center, and the new amphitheater. Its downtown Rio Rancho setting places the lots among established civic, institutional, technology, and event-oriented destinations.

Key Highlights

  • 1.88 acres across 4 adjoining commercial lots
  • C‑1 zoning supports commercial land use
  • Frontage along King Boulevard and Unser Boulevard

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Repair Shop Spa & Massage Center Pharmacy HVAC Service Skin Care Clinic

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

22
Businesses Nearby

Demographics for 87144, NM

46,333
Population
18,261
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
95%
High-School Grad
100.4 sq mi
ZIP Area
461
Density / Sq Mi
$90,973
Median Household Income
$48,220
Median Earnings
$1,670
Median Rent
$280,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Four contiguous commercial lots with public water and sewer service identified for the site.
Where is this commercial land located?
The property is located at 1720 King Boulevard NE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1.88 acres across 4 adjoining commercial lots; C‑1 zoning supports commercial land use; Frontage along King Boulevard and Unser Boulevard
More about this property
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