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    2828 Northern Blvd NE Rio Rancho, NM 87124

    Picture of Commercial land at Northern Blvd NE 2828, Rio Rancho, NM
    For Sale
    $120,000

    COMMERCIAL - Rio Rancho, NM

    Lot size:
    0.31 Acres
    Days on Market:
    288
    Last Refresh:
    Dec 11 at 8:06 pm

    Property Features for 2828 Northern Blvd NE

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    C-1
    APN
    1012070355452
    Lot size
    0.31 Acres

    Regal Real Estate Experts (505) 301-1292

    Listing agent Leonel Munoz (505) 301-1292 License #REC20220835

    Listing date Feb 27, 2025

    MLS# 202500712 Listing URL

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Rio Rancho

    This 0.31-acre commercial land is located in Rio Rancho, New Mexico. Zoned C-1, the property is situated off Northern Boulevard NE, east of Unser Boulevard and behind Eagle Ridge Middle School, near Broadmoor Boulevard NE. The location is near other businesses. Public utilities are nearby. The owner will consider owner financing or a lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Pharmacy Gym & Fitness Kitchen & Bath

    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
    -106.6796851
    Latitude
    35.27388468

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    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale in Rio Rancho, New Mexico.
    Where is this commercial land located?
    The property is located at 2828 Northern Blvd NE Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Perfect location for a business off Main Street Northern.; - Zoned C1 for commercial use.; - Owner financing or lease options considered.
    (505) 301-1292
    Request Owner's contact information
    2828 Northern Blvd NE 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
    2828 Northern Blvd NE Rio Rancho, NM 87124
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