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    7601 Rio Grande Blvd NW Los Ranchos, NM 87107

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    For Sale
    $2,995,000

    7.8 acre land parcel with redevelopment opportunity.

    Lot size:
    7.76 Acres

    Property Features for 7601 Rio Grande Blvd NW

    General Information

    Lot size
    7.76 Acres
    Source: Moodyscre

    Listing Agent: Ed Anlian Ccim

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

    Overview

    Rio Grande Blvd Land Parcel

    This 7.8-acre parcel is located on the west side of Rio Grande Blvd, 0.2 miles south of Ranchitos Road. It is one of the few remaining large parcels adjacent to the river. The site includes an abandoned mid-century modern home. The property presents a redevelopment opportunity. Utilities are available to the site. The zoning is Los Ranchos De Albuquerque A-1 – Agricultural Residential.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Ranchos
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6503818
    Latitude
    35.1710919

    Nearby Similar for Sale

    • $3,000,000
      2.04 Acres

      Historic Restaurant in Los Ranchos

      Long-standing New Mexican restaurant with full bar and spacious patios.
      8032 4Th St NW, Los Ranchos, NM 87114
      View Details

    FAQs

    What type of property is this?
    Land - 7.8 acre land parcel with redevelopment opportunity.
    Where is this land located?
    The property is located at 7601 Rio Grande Blvd NW Los Ranchos, NM.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Large 7.8-acre parcel on the west side of Rio Grande Blvd adjacent to the river.; - Redevelopment opportunity.; - Zoning Los Ranchos De Albuquerque A-1 – Agricultural Residential.
    (505) 250-9661
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    7601 Rio Grande Blvd NW Los Ranchos, NM 87107
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    Los Ranchos, NM 87107
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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
    7601 Rio Grande Blvd NW Los Ranchos, NM 87107
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