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Half-Acre Commercial Land
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 Market240

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: Sep 5 Last Checked: Oct 7 at 7:06AM
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 0.5-acre commercial parcel is located in Downtown Rio Rancho and offers a compact site for future business development. Paved roads serve the property, with public water and public sewer available.

The site is within walking distance of City Hall, UNM Hospital, CNM and UNM Universities, and the Rio Rancho event stadium. HP is located across the street, adding an established institutional and employment presence directly opposite the parcel. The property is at 2116 Painted Hills Avenue NE in Rio Rancho, New Mexico.

Key Highlights

  • 0.5‑acre commercial land parcel
  • Located in Downtown Rio Rancho
  • Paved roads serve the property

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Pharmacy Cosmetic Store Travel Agency Hotel & Motel Tech Support Center

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
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 - Commercial parcel with paved-road access and public water and sewer service in Downtown Rio Rancho.
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: 0.5‑acre commercial land parcel; Located in Downtown Rio Rancho; Paved roads serve the property
More about this property
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