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    23 14Th St SW, Unit 16 Rio Rancho, NM 87124

    For Sale
    $40,000

    LAND - Rio Rancho, NM

    Lot size:
    1.00 Acre
    Days on Market:
    272
    Last Refresh:
    Dec 10 at 6:06 pm

    Property Features for 23 14Th St SW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1007068430486
    Lot size
    1.00 Acre

    Realty One of New Mexico (505) 883-9400 [email protected]

    Listing agent Alysia T. Dovel (505) 944-6063 License #52839

    Listing date Mar 14, 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

    One-Acre Lot in Rio Rancho

    This one-acre lot is located in Rio Rancho, New Mexico. The property features 1200 feet of railroad ties buried 3 feet into the ground every 8 feet around both acres. According to the listing agent, it is the only lot in the area with this feature. The seller prefers to sell both lots together. An additional lot, Block:16 Lot:22 Unit 8, is also available for sale. If water service is desired, a well will be required. If wastewater service is desired, a septic tank will be required. The buyer must determine whether utilities and associated costs will suit their plans. No survey is available. No mineral or water rights are included in the sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Bed & Breakfast

    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
    -106.765296
    Latitude
    35.245442

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    FAQs

    What type of property is this?
    Land - Spacious one-acre lot in Rio Rancho, a community on the rise.
    Where is this land located?
    The property is located at 23 14Th St SW, Unit 16 Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Spacious one-acre lot offers tranquility and potential.; - Remodeled home provides a move-in ready experience.; - Unique lot feature: 1200 feet of railroad ties buried around the perimeter.
    (505) 944-6063
    Request Owner's contact information
    23 14Th St SW, Unit 16 Rio Rancho, NM 87124
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    Rio Rancho, NM 87124
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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
    23 14Th St SW, Unit 16 Rio Rancho, NM 87124
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