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    NW 5Th St SE Rio Rancho, NM 87124

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    For Sale
    $785,000

    Vacant land with high traffic visibility in rapidly developing area.

    Property size:
    2 SF
    Lot size:
    2.00 Acres

    Property Features for NW 5Th St SE

    General Information

    Size
    2 SF
    Lot size
    2.00 Acres

    Source: Kyle Kinney Agent Kyle Kinney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    2 Acres Vacant Land

    This vacant land comprises 2 acres across four parcels, identified by APN: 1-011-069-340-238 (0.8 acre), APN: 1-011-069-344-227 (0.4 acre), APN: 1-011-069-344-221 (0.4 acre), and APN: 1-011-069-344-217 (0.4 acre). Situated adjacent to 300 Unser Blvd SE, Rio Rancho, NM 87124, the property benefits from high traffic visibility fronting Unser Blvd. The location offers views of the Sandia Mountains and is positioned within a rapidly developing area. Zoned C-1 'Retail Commercial District', the land adjoins a successful restaurant, "The Local Brewhouse," to the north. Existing sewer tie-ins are available every 50 feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -106.652826
    Latitude
    35.084215

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    FAQs

    What type of property is this?
    Land - Vacant land with high traffic visibility in rapidly developing area.
    Where is this land located?
    The property is located at NW 5Th St SE Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: - 2 acres of vacant land in a rapidly developing area.; - High traffic visibility fronting Unser Blvd.; - Zoned C-1 'Retail Commercial District'.
    (505) 239-0612
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    NW 5Th St SE 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
    NW 5Th St SE Rio Rancho, NM 87124
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