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Acre Corner Lot in Rio Rancho
For Sale
$110,000

320 & 316 3rd Street NE, Rio Rancho, NM 87124

LAND - Rio Rancho, NM

Property SizeContact for details
Lot Size1.00 Acre
Days on Market808

Property Features for 320 & 316 3rd Street NE

General Information

Property type Land
Property subtype Other
Zoning description R-1
Lot features Views, Acreage, Gentle Sloping
Directions From Unser, west on Southern, North on Rainbow, East on 3rd Street. Look for sign. Use GPS for best directions.
Subdivision 150 - Rio Rancho MiD
Standard status Active
APN 1009070422154
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 276

Utilities

Water source Public
Listing Agency: Re/Max Exclusive · RE/MAX International
Listed By: Hana Team
Added: Jun 18, 2024 Changed: Jun 5 Last Checked: Sep 3 at 10:06PM
MLS# 1065339

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Building Supply HVAC Service Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 87124, NM

59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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 & 316 3rd Street 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.
More about this property
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