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Residential Home Lot
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201 23rd Avenue SE, Rio Rancho, NM 87124

LAND - Rio Rancho, NM

Property SizeContact for details
Lot Size1.17 Acres
Days on Market146

Property Features for 201 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 17 is located on the South side of 23rd Ave approximatelywhere Mariposa Rd & 23rd Ave meet.
Standard status Active
APN 1009067358022
Lot size 1.17 Acres

Taxes and HOA fees

Tax Annual Amount 368
Listing Agency: Colfack Real Estate Team LLC
Listed By: Fred E Colfack · License #12709
Added: Mar 20 Changed: Jun 18 Last Checked: Aug 12 at 9:06AM
MLS# 1100299

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 a residential home lot with approximately 1.17 acres. The property is situated within Unit 10, providing room for prospective buyers to plan and build a residential use consistent with the surrounding custom home area.

The lot is located in Rio Rancho, New Mexico, in Sandoval County, at 201 23rd Avenue SE (87124). Public remarks indicate the area is part of a rapidly developing Unit 10 and is positioned just west of custom homes, supporting a neighborhood scale of residential development.

For buyers looking for a larger site in a residential subdivision setting, this property can fit a range of planning needs, from primary home construction to a residential-focused development strategy. The size and Unit 10 location make it a straightforward option for those specifically targeting available land in this part of Rio Rancho.

Key Highlights

  • Full acre+ lot size
  • Located in rapidly developing Unit 10
  • Excellent investment potential

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Restaurant Spa & Massage Center Building Supply Auto Repair Shop Electrical Service

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

429
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot offering space for development, located in Unit 10 just west of custom homes.
Where is this residential land & home lot located?
The property is located at 201 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; Located in rapidly developing Unit 10; Excellent investment potential
More about this property
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