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    59th L23 St NW Rio Rancho, NM 87144

    Sponsored
    For Sale
    Contact for pricing

    LAND - Rio Rancho, NM

    Lot size:
    1.00 Acre
    Days on Market:
    25
    Last Refresh:
    Jan 10 at 1:06 pm

    Property Features for 59th L23 St NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1002070429114
    Lot size
    1.00 Acre

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

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

    Listing date Dec 17, 2025

    MLS# 1095819 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

    Acre Land in Rio Rancho

    This one-acre property is located in west Rio Rancho, New Mexico. The land offers views and open skies, presenting an opportunity for building a home or investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.854836
    Latitude
    35.264331

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    FAQs

    What type of property is this?
    Land - One acre of land in west Rio Rancho, New Mexico.
    Where is this land located?
    The property is located at 59th L23 St NW Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $3,900.
    What are key features of this property?
    This property features: - Full acre lot provides ample space and potential.; - Located in west Rio Rancho, offering a tranquil setting.; - Offers potential for building a home.
    (505) 659-7086
    Request Owner's contact information
    59th L23 St 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
    59th L23 St NW Rio Rancho, NM 87144
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