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Half-Acre Lot in Rio Rancho

408 Rainbow Boulevard SE Rio Rancho, NM 87124

408 Rainbow Boulevard SE, Rio Rancho, NM, 87124
$70,000
For Sale
Claim this Listing
$70,000

LAND - Rio Rancho, NM

Lot Size0.50 Acres
AddedMay 9
Days on Market68
Last RefreshJul 15 at 8:06 am

Property Features for 408 Rainbow Boulevard SE

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
1009069240151
Lot size
0.50 Acres

Taxes and HOA fees

Tax Annual Amount
258

Listing agent Rose M Varona License #17735

Listing office Realty One of New Mexico 4121 Wyoming Blvd NE Suite #3, Albuquerque, NM

Listing date May 9, 2026

MLS# 1103863 Listing URL

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 0.5-acre lot is located in a rapidly developing area. Custom homes are being built nearby. A paved road provides access to the property, and utilities are located close to the lot. The property is suitable for building or investment.

Key Highlights

  • Half‑acre lot in a rapidly developing area.
  • Adjacent lot also available, offering a rare opportunity to secure side‑by‑side parcels.
  • Utilities are close, simplifying future development.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Auto Parts Store HVAC Service Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - 0.5-acre lot in a growing area with utilities nearby.
Where is this residential land & home lot located?
The property is located at 408 Rainbow Boulevard SE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Half‑acre lot in a rapidly developing area.; Adjacent lot also available, offering a rare opportunity to secure side‑by‑side parcels.; Utilities are close, simplifying future development.
Contact an agent
More about this property
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