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    42nd L15 Ave NW Rio Rancho, NM 87144

    For Sale
    Contact for pricing

    LAND - Rio Rancho, NM

    Lot size:
    0.50 Acres
    Days on Market:
    352
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 42nd L15 Ave NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1007074163351
    Lot size
    0.50 Acres

    Realty One of New Mexico (505) 883-9400 [email protected]

    Listing agent David S Torres (505) 659-7086 License #49165

    Listing date Dec 27, 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

    Land in Rio Rancho, NM

    This half-acre lot is located in northwestern Rio Rancho. The property offers open horizons and sunset views. It is positioned in an area experiencing growth and development, making it suitable for long-term investment. The location provides a peaceful environment away from the city. This lot is intended for building a home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.774259
    Latitude
    35.328451

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    FAQs

    What type of property is this?
    Land - Half-acre lot in Rio Rancho, ideal for building or investment.
    Where is this land located?
    The property is located at 42nd L15 Ave NW Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $2,000.
    What are key features of this property?
    This property features: - Half-acre lot offers ample space for customization.; - Located in the path of progress in northwestern Rio Rancho.; - Offers peace and privacy away from the city.
    (505) 659-7086
    Request Owner's contact information
    42nd L15 Ave NW Rio Rancho, NM 87144
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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
    42nd L15 Ave NW Rio Rancho, NM 87144
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