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Commercial Lot in Downtown Rio Rancho
For Sale
$125,000

2116 Painted Hills Avenue NE, Rio Rancho, NM 87144

LAND - Rio Rancho, NM

Property SizeContact for details
Lot Size0.50 Acres
Days on Market207

Property Features for 2116 Painted Hills Avenue NE

General Information

Property type Land
Property subtype Other
Zoning description S-U
Subdivision Rio Rancho Estates
Lot features Cleared, Views
Directions From Unser Blvd Turn right on painted hills and look for sign on right hand side.
Standard status Active
APN 1011073473225
Lot size 0.50 Acres

Taxes and HOA fees

Tax Annual Amount 260

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Re/Max Exclusive · RE/MAX International
Listed By: Hana Team
Added: Feb 9 Changed: Apr 15 Last Checked: Sep 4 at 9:06AM
MLS# 1098076

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 commercial lot, situated in downtown Rio Rancho, is ready for development. The 0.5-acre lot is located within walking distance of City Hall, UNM Hospital, CNM & UNM Universities, and the Rio Rancho event stadium. It is also located across the street from HP. The lot benefits from paved road access. The downtown area is currently undergoing development, presenting significant potential for commercial ventures.

Key Highlights

  • Prime commercial lot in developing Downtown Rio Rancho.
  • Walking distance to City Hall, UNM Hospital, CNM & UNM Universities, and the Rio Rancho event stadium.
  • Located across the street from HP.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Bakery

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

52
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
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?
Commercial land - Commercial lot in developing downtown Rio Rancho, ready for development.
Where is this commercial land located?
The property is located at 2116 Painted Hills Avenue NE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Prime commercial lot in developing Downtown Rio Rancho.; Walking distance to City Hall, UNM Hospital, CNM & UNM Universities, and the Rio Rancho event stadium.; Located across the street from HP.
More about this property
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