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    2326 Box Lake Dr NE Rio Rancho, NM 87144

    Sponsored
    For Sale
    Pending
    $72,500

    Land - Rio Rancho, NM

    Lot size:
    0.50 Acres
    Days on Market:
    189
    Last Refresh:
    Jan 7 at 3:06 am

    Property Features for 2326 Box Lake Dr NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R-1
    APN
    1011072260264
    Lot size
    0.50 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Architectural style
    Other

    Absolute Real Estate (505) 681-8578 [email protected]

    Listing agent Michael Schlichte (505) 681-8578 License #17987

    Listing date Jul 3, 2025

    MLS# 1072498 Listing URL

    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

    Residential Land in Rio Rancho

    This is a build lot with in-ground utilities, described as shovel ready. The lot spans half an acre and is intended for custom construction. Several homes are under construction nearby. The property is located in Rio Rancho, New Mexico, within Sandoval County. The zoning is R-1. Buyers are responsible for verifying the cost to connect to utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Clothing Store Kitchen & Bath Cafe & Coffee Shop Computer & Electronic Repair Tech Support Center Plumbing Service

    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
    -106.70033
    Latitude
    35.297148

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    FAQs

    What type of property is this?
    Land - Half-acre build lot with in-ground utilities in Rio Rancho.
    Where is this land located?
    The property is located at 2326 Box Lake Dr NE Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $72,500.
    What are key features of this property?
    This property features: - Shovel Ready Lot: Ready for immediate construction.; - Half Acre Lot: Offers ample space for a custom home.; - In-Ground Utilities: Utilities are already installed on the lot.
    (505) 318-6264
    Request Owner's contact information
    2326 Box Lake Dr NE Rio Rancho, NM 87144
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    Rio Rancho, NM 87144
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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
    2326 Box Lake Dr NE Rio Rancho, NM 87144
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