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    1009 Melon Rdg Loop Northeast Rio Rancho, NM 87144

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    For Sale
    $304,000

    One-acre commercial land parcel in a growing Rio Rancho area.

    Property size:
    1 SF
    Lot size:
    1.00 Acre

    Property Features for 1009 Melon Rdg Loop Northeast

    General Information

    Size
    1 SF
    Lot size
    1.00 Acre

    Source: Angela Izquierdo Agent Angela Izquierdo

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

    Overview

    Rio Rancho Commercial Land Parcel

    Located at 1009 Melon Ridge Loop NE in Rio Rancho, New Mexico, this one-acre parcel presents a commercial investment opportunity. The property is zoned C-1 Commercial, making it suitable for various commercial enterprises. Water, sewer, and storm drain services are available at the street. The surrounding neighborhood is experiencing growth, with ongoing residential and commercial projects. Proximity to major roads ensures easy access. The location is suitable for retail, office space, or other commercial uses. The landlord is open to seller financing options. Nearby establishments include Slim Chickens Rio Rancho (5.7 miles), Chick-fil-A (6.3 miles), Raising Cane's and KFC (+/- 4.3 miles), and Sandoval Regional Hospital (2.8 miles). Presbyterian Hospital is 3.5 miles away from the site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Spa & Massage Clothing Store Building Supply Auto Repair Shop Kitchen & Bath Wholesale Shop HVAC Service Food Market Grocery Store

    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
    -106.713
    Latitude
    35.2818

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    FAQs

    What type of property is this?
    Commercial land - One-acre commercial land parcel in a growing Rio Rancho area.
    Where is this commercial land located?
    The property is located at 1009 Melon Rdg Loop Northeast Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $304,000.
    What are key features of this property?
    This property features: - Prime commercial investment opportunity in a rapidly growing area of Rio Rancho, New Mexico.; - C-1 Commercial zoning allows for various business ventures.; - Seller financing options are available, providing flexible terms.
    (505) 910-3660
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    1009 Melon Rdg Loop Northeast 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
    1009 Melon Rdg Loop Northeast Rio Rancho, NM 87144
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