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Residential Land Lot
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40th St & 8th Ave SW, Rio Rancho, NM 87124

LAND - Rio Rancho, NM

Property SizeContact for details
Lot Size0.50 Acres
Days on Market353

Property Features for 40th St & 8th 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 8th Ave., west on 8th Ave to property on the left hand side of the road.Latitude: 35 14' 39.999''Longitude: -106 49' 23.445''
Standard status Active
APN 1004068285430
Lot size 0.50 Acres

Taxes and HOA fees

Tax Annual Amount 14
Listing Agency: Top Tier Realty
Listed By: Marsha Strange · License #17777
Added: Aug 25, 2025 Changed: Jul 21 Last Checked: Aug 12 at 9:06PM
MLS# 1090592

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 for sale in Rio Rancho, NM. The offering includes a parcel size of 0.5 acres and is located at the intersection of 40th St and 8th Ave SW.

The property is in Sandoval County (Postal Code 87124). Per the seller’s remarks, a vacant lot program may be available on approved credit through participating loan officers, with down payment terms of approximately 20–25% and a 30-year repayment period.

For additional details on the lot and available financing options, contact the listing agent to connect with loan officers.

Key Highlights

  • Great investment value potential.
  • Vacant lot program available.
  • Low down payment option (20‑25%).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant HVAC Service Building Supply Auto Repair Shop Auto Parts Store Computer & Electronic Repair

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

26
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?
Residential land & home lot - Vacant lot in Rio Rancho, NM offered for sale near 40th St and 8th Ave SW.
Where is this residential land & home lot located?
The property is located at 40th St & 8th 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 value potential.; Vacant lot program available.; Low down payment option (20‑25%).
More about this property
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