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    B64 L23 Rd SW Rio Rancho, NM 87124

    For Sale
    Contact for pricing

    LAND - Rio Rancho, NM

    Lot size:
    1.64 Acres
    Days on Market:
    358
    Last Refresh:
    Dec 12 at 7:06 pm

    Property Features for B64 L23 Rd SW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1007067407220
    Lot size
    1.64 Acres

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

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

    Listing date Dec 20, 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

    Rio Rancho Land For Sale

    This 1.64-acre lot is located in southern Rio Rancho, approximately 0.5 to 1 mile from power sources. The property offers views of the Sandia Mountains to the east and is positioned away from city crowds, providing peace and privacy. The location allows for convenient access to businesses and entertainment with a short drive into town. The lot is suitable for building a home with space for a workshop and garden.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.766128
    Latitude
    35.223856

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    FAQs

    What type of property is this?
    Land - Roomy 1.64 acre lot in southern Rio Rancho.
    Where is this land located?
    The property is located at B64 L23 Rd SW Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: - Large 1.66 acre lot provides ample space.; - Located in southern Rio Rancho, offering a desirable location.; - Proximity to power (0.5 - 1 mile) facilitates development.
    (505) 659-7086
    Request Owner's contact information
    B64 L23 Rd SW Rio Rancho, NM 87124
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    Rio Rancho, NM 87124
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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
    B64 L23 Rd SW Rio Rancho, NM 87124
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