R-3 Zoned Residential Development
For Sale
$30,000
723 Viga Loop Se, Rio Rancho, NM 87124
Four adjoining R-3 zoned lots offer possible multi-family development in Rio Rancho.
Property SizeContact for details
Days on Market499
Property Features for 723 Viga Loop Se
General Information
Standard status
Active
Property subtype
Land
Zoning
R-3
Taxes and HOA fees
Annual Taxes
$547
Listing Agency:
Double Eagle Real Estate
(505) 417-2245
Listed By:
Gabriel Jerome Vargas · License #REC20250304
(505) 417-2245
Source:
Exprealty
Added: Apr 2, 2025
Changed: Aug 8
Last Checked: Jul 18 at 2:15AM
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 Double Eagle Real Estate
Investment Insights
Based on property information with market context.
This for-sale land opportunity consists of one of four adjoining lots, all zoned R-3. The site may be suitable for possible multi-family development, providing flexibility for an assemblage-minded buyer looking to work with contiguous acreage.
Located in Rio Rancho, the property sits just south of new homes being built in Los Diamantes. The adjacent-lot configuration can support development planning that benefits from a continuous site footprint.
If you’re evaluating residential development, the key fact here is the R-3 zoning combined with the ability to coordinate across four adjoining lots.
Located in Rio Rancho, the property sits just south of new homes being built in Los Diamantes. The adjacent-lot configuration can support development planning that benefits from a continuous site footprint.
If you’re evaluating residential development, the key fact here is the R-3 zoning combined with the ability to coordinate across four adjoining lots.
Key Highlights
- Four adjoining lots zoned R‑3 in Rio Rancho
- Possible multi‑family development potential based on the R‑3 zoning
- Located just south of new homes being built in Los Diamantes
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Four adjoining R-3 zoned lots offer possible multi-family development in Rio Rancho.
Where is this residential land & home lot located?
The property is located at 723 Viga Loop Se Rio Rancho, NM.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Four adjoining lots zoned R‑3 in Rio Rancho; Possible multi‑family development potential based on the R‑3 zoning; Located just south of new homes being built in Los Diamantes
