Vacant Residential
For Sale
Contact for pricing
40th St & 2nd Ave SW, Rio Rancho, NM 87124
LAND - Rio Rancho, NM
Property SizeContact for details
Days on Market353
Property Features for 40th St & 2nd Ave SW
General Information
Property type
Land
Property subtype
Other
Zoning description
R-1
Subdivision
Rio Rancho Estates
Lot features
Meadow
Directions
From Southern and Unser west to 40th St., North on 40th St to 2nd Ave., west on 2nd Ave to property on the left hand side of the road.Latitude: 35 15' 15.489''Longitude: -106 49' 10.857'''
Standard status
Active
APN
1004069388273
Taxes and HOA fees
Tax Annual Amount
14
Listing Agency:
Top Tier Realty
(505) 203-9059
Listed By:
Marsha Strange · License #17777
(505) 203-9059
Added: Aug 25, 2025
Changed: Jul 21
Last Checked: Aug 12 at 9:06PM
MLS# 1090595
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 is a vacant residential lot in Rio Rancho, New Mexico. The listing notes an available vacant lot program for qualified buyers, with financing that requires 20–25% down and includes a 30-year repayment period, subject to approved credit.
The property is located at 40th St & 2nd Ave SW in Rio Rancho (Sandoval County, 87124).
For additional details on the financing program and eligibility, contact the listing agent for the loan officer information noted with the property.
The property is located at 40th St & 2nd Ave SW in Rio Rancho (Sandoval County, 87124).
For additional details on the financing program and eligibility, contact the listing agent for the loan officer information noted with the property.
Key Highlights
- Great investment potential.
- Vacant lot program available.
- Low down payment option (20‑25%).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot available in Rio Rancho, NM, with an available vacant lot program requiring 20–25% down.
Where is this residential land & home lot located?
The property is located at 40th St & 2nd Ave SW Rio Rancho, NM.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Great investment potential.; Vacant lot program available.; Low down payment option (20‑25%).
