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    11Th Ave SE Rio Rancho, NM 87144

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    For Sale
    $525,334

    Commercial land near Cabezon community with utilities and easy access.

    Lot size:
    2.01 Acres

    Property Features for 11Th Ave SE

    General Information

    Lot size
    2.01 Acres

    Source: Colliers | Albuquerque Agent Keith Bandoni CCIM SIOR

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

    Overview

    Commercial Land Near Cabezon Community

    This commercial land is adjacent to the Cabezon master-planned community, which includes 11 neighborhoods and over 2,600 homes planned. It is located one block away from Southern Blvd., Rio Rancho’s primary East/West arterial roadway, which is currently undergoing significant improvement with scheduled completion in September 2019. The property is zoned for commercial and mixed uses. Utilities are available in Golf Course Rd SE and 29th Street SE. The location offers an opportunity for office or retail development with excellent access and visibility.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.7370818
    Latitude
    35.2380299

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    FAQs

    What type of property is this?
    Land - Commercial land near Cabezon community with utilities and easy access.
    Where is this land located?
    The property is located at 11Th Ave SE Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $525,334.
    What are key features of this property?
    This property features: - Opportunity for office or retail development.; - Zoned for commercial and mixed uses.; - Excellent access and great visibility.
    (505) 550-3401
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    11Th Ave SE Rio Rancho, NM 87144
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    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
    11Th Ave SE Rio Rancho, NM 87144
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