Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    51st Ave NW Rio Rancho, NM 87144

    For Sale
    Contact for pricing

    LAND - Rio Rancho, NM

    Lot size:
    1.50 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 10 at 9:06 pm

    Property Features for 51st Ave NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    APN
    1-007-075-307-401
    Lot size
    1.50 Acres

    Coldwell Banker Legacy (505) 857-2328 [email protected]

    Listing agent William R Norman (505) 350-3194 License #54218

    Listing date Nov 5, 2025

    MLS# 1094048 Listing URL

    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

    Rio Rancho Land Opportunity

    This 1.5-acre vacant lot is located in Rio Rancho, New Mexico. Sold as three contiguous lots, the level property offers buy-and-hold potential or immediate development. It is strategically located in the future-growth northwestern part of Rio Rancho. The property provides space, with Sandia Mountain views. It offers quiet, peaceful living and is minutes from city amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Spa & Massage Clothing Store Building Supply Auto Repair Shop Kitchen & Bath Wholesale Shop HVAC Service Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.769324
    Latitude
    35.344455

    Nearby Similar for Sale

    • $589,990
      2,528 SF

      New Duplex in Rio Rancho

      New construction duplex perfect for investment or multi-generational living.
      388 Pecos Loop SE, Rio Rancho, NM 87124
      View Details
    • $579,435
      2,520 SF

      New Rio Rancho Duplex Investment

      New construction duplex perfect for rental income or multi-generational living.
      392 Pecos Loop SE, Rio Rancho, NM 87124
      View Details
    • $425,790
      1,994 SF

      New Rio Rancho Investment Property

      Built in 2022, features modern amenities and rental appeal.
      6817 Cleary Loop NE, Rio Rancho, NM 87144
      View Details
    • $454,990
      0.13 Acres

      New Rio Rancho Home

      Contemporary 3-bedroom home built in 2023, ideal for investors.
      6704 Zachary Rd NE, Rio Rancho, NM 87144
      View Details
    • $465,990
      0.34 Acres

      New Rio Rancho Investment Property

      New construction multi-family home in Rio Rancho, excellent investment opportunity.
      549 Mindoro Dr SE, Rio Rancho, NM 87124
      View Details
    • $509,990
      0.17 Acres

      Rio Rancho Multi-Family Investment

      Turn-key investment property with long-term tenant in Rio Rancho.
      344 Pinnacle Dr SE, Rio Rancho, NM 87124
      View Details

    FAQs

    What type of property is this?
    Land - 1.5-acre vacant lot in Rio Rancho, New Mexico.
    Where is this land located?
    The property is located at 51st Ave NW Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $7,500.
    What are key features of this property?
    This property features: - 1.5-acre vacant lot sold as three contiguous lots.; - Strategically located in the future-growth northwestern Rio Rancho.; - Superb buy-and-hold potential or immediate development opportunity.
    (505) 350-3194
    Request Owner's contact information
    51st Ave NW Rio Rancho, NM 87144
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    51st Ave NW
    Rio Rancho, NM 87144
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    51st Ave NW Rio Rancho, NM 87144
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.