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    2217 Painted Hl Ave NE Rio Rancho, NM 87144

    For Sale
    $175,000

    LAND - Rio Rancho, NM

    Lot size:
    0.91 Acres
    Days on Market:
    250
    Last Refresh:
    Dec 8 at 1:06 am

    Property Features for 2217 Painted Hl Ave NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    10110735224257
    Lot size
    0.91 Acres

    RE/MAX EXCLUSIVE (505) 833-1400 [email protected]

    Listing agent Hana Team (505) 463-9530

    Listing date Apr 3, 2025

    Copyright © 2025 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.

    Overview

    Rio Rancho Commercial Lot

    This commercial lot, oversized at 0.91 acres, offers an opportunity to build a business. It is located near the hospital, Santa Ana Star Center, City Hall, and UNM. Situated between Arena and 31st at the Painted Hills entrance, the lot provides views. The property is located in Rio Rancho, New Mexico.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Spa & Massage Clothing Store Building Supply Auto Repair Shop Kitchen & Bath Wholesale Shop HVAC Service Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.691917
    Latitude
    35.312208

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot with amazing views, near hospital and city hall.
    Where is this commercial land located?
    The property is located at 2217 Painted Hl Ave NE Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Oversized commercial lot (0.910 acres); - Excellent location near Hospital, Santa Ana Star Center, City Hall, and UNM; - Priced competitively
    (505) 463-9530
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2217 Painted Hl Ave NE Rio Rancho, NM 87144
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