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    Gasper Rd SW Rio Rancho, NM 87124

    For Sale
    Contact for pricing

    LAND - Rio Rancho, NM

    Lot size:
    1.10 Acres
    Days on Market:
    21
    Last Refresh:
    Dec 11 at 8:06 pm

    Property Features for Gasper Rd SW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R114957
    Lot size
    1.10 Acres

    Keller Williams Realty - Albuquerque (505) 271-8200 [email protected]

    Listing agent The Venegas Group (505) 271-8200

    Listing date Nov 21, 2025

    MLS# 1094834 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 Oversized Lot

    This oversized 1.1-acre lot is available in Rio Rancho, New Mexico. The property is located one block from Southern Boulevard and near powerlines. It offers views of the Sandia Mountains and Albuquerque lights at night. The location is close to restaurants and the Rio Rancho Movie Theater. This lot may be suitable for investors or builders looking to capitalize on the real estate market.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.753
    Latitude
    35.2441

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    FAQs

    What type of property is this?
    Land - 1.1-acre lot near Southern Blvd in Rio Rancho.
    Where is this land located?
    The property is located at Gasper Rd SW Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $17,500.
    What are key features of this property?
    This property features: - Oversized 1.1-acre lot.; - Amazing views of the Sandia Mountains and ABQ lights.; - Close proximity to restaurants and the Rio Rancho Movie Theater.
    (505) 271-8200
    Request Owner's contact information
    Gasper 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
    Gasper Rd SW Rio Rancho, NM 87124
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