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Vacant Residential Land Parcel
For Sale
$45,000

1020 Northern Boulevard NE, Rio Rancho, NM 87124

Vacant land in Rio Rancho suited for building a custom residence or spec home.

Property SizeContact for details
Days on Market100

Property Features for 1020 Northern Boulevard NE

General Information

Standard status Active
Property subtype Land
Listing Agency: Real Broker, LLC
Listed By: Jordan Kyle O'Bryan
Source: Dukecityrealty
Added: Jun 3 Changed: Sep 8 Last Checked: Sep 9 at 10:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC

Investment Insights

Based on property information with market context.

This offering is a vacant residential land parcel ready for development. The property is being marketed for either a custom residence or a spec home approach, with no improvements described as part of the listing.

The parcel is located in a developing area of Rio Rancho, NM. The seller also indicates that neighboring parcels at 1016, 1018, and 1022 Northern are available, and the properties may be purchased or bundled together, subject to buyer verification.

Because the land is vacant, prospective buyers should plan for site due diligence before construction. The buyer is responsible for verifying utilities and utility locations, which is especially important for confirming serviceability and any site planning considerations. This parcel is best suited for buyers looking to secure a building site in an area that is actively seeing new construction.

Key Highlights

  • Vacant land in Rio Rancho for building a custom residence or a spec home
  • Part of a developing area with surrounding growth and new construction
  • 1016, 1018, and 1022 Northern are also available to purchase or bundle

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Electrical Service Gym & Fitness Center HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 87124, NM

59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant land in Rio Rancho suited for building a custom residence or spec home.
Where is this residential land & home lot located?
The property is located at 1020 Northern Boulevard NE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Vacant land in Rio Rancho for building a custom residence or a spec home; Part of a developing area with surrounding growth and new construction; 1016, 1018, and 1022 Northern are also available to purchase or bundle
More about this property
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