Land in Developing Rio
For Sale
$34,500
2015 Pennard NE, Rio Rancho, NM 87144
Land, Rio Rancho, NM
Property SizeContact for details
Lot Size0.28 Acres
Days on Market377
Property Features for 2015 Pennard NE
General Information
Property type
Land
Property subtype
Other
Zoning description
R-1
Subdivision
Rio Rancho Estates
Lot features
Views
Directions
From Broadmoor and Northern go North on Broadmoor to Norwich to Pennard,
Standard status
Active
APN
1012072264040
Lot size
0.28 Acres
Taxes and HOA fees
Tax Annual Amount
39
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Realty One of New Mexico
(505) 883-9400
Listed By:
Rose M Varona · License #17735
(505) 507-3959
Added: Aug 12, 2025
Changed: Aug 19
Last Checked: Aug 23 at 4:06PM
MLS# 1089626
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 property presents an opportunity to build in a rapidly developing area characterized by newly constructed custom homes. The offering includes two spacious lots, packaged together for the purpose of creating a personalized residence or an investment project. The combined lot size is approximately 0.28 acres. The location provides convenient access to essential services, including medical facilities, educational centers, retail shops, and everyday amenities. Situated in Rio Rancho, New Mexico, the neighborhood's ongoing growth suggests potential for future value.
Key Highlights
- Two spacious lots offered as a package deal.
- Opportunity to build a personalized residence or investment property.
- Located in a rapidly developing area with new custom homes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two lots for building in a growing Rio Rancho area.
Where is this residential land & home lot located?
The property is located at 2015 Pennard NE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $34,500.
What are key features of this property?
This property features: Two spacious lots offered as a package deal.; Opportunity to build a personalized residence or investment property.; Located in a rapidly developing area with new custom homes.
