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    320 3Rd St NE Rio Rancho, NM 87124

    For Sale
    $110,000

    LAND - Rio Rancho, NM

    Lot size:
    1.00 Acre
    Days on Market:
    436
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for 320 3Rd St NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1-009-070-422-154
    Lot size
    1.00 Acre

    Utilities

    Water source
    Public

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

    Listing agent Hana Team (505) 463-9530

    Listing date Sep 30, 2024

    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

    Acre Corner Lot in Rio Rancho

    This one-acre corner lot is located in Rio Rancho and offers views. The property allows for the construction of a custom home with a shop or the storage of recreational vehicles, boats, and cars. Situated near other homes, the lot provides privacy and peace of mind with no Home Owners Association fees. Mobile homes are permitted, pending confirmation with the City of Rio Rancho planning and zoning department.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Law Firm Clothing 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
    -106.730216
    Latitude
    35.265182

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    FAQs

    What type of property is this?
    Land - One-acre corner lot with views and no HOA in Rio Rancho.
    Where is this land located?
    The property is located at 320 3Rd St NE Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: - Acre Corner Lot: Ample space and potential for various uses.; - No HOA: Enjoy the freedom from homeowner association rules and fees.; - Breathtaking Views: Enhance the property's appeal and desirability.
    (505) 463-9530
    Request Owner's contact information
    320 3Rd St 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
    320 3Rd St NE Rio Rancho, NM 87124
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