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Large Residential Development Lot
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12th Ave SW, Rio Rancho, NM 87124

A 1.25-acre residential lot positioned near Southern Blvd for future home or development planning.

Property SizeContact for details
Lot Size1.25 Acres
Days on Market59

Property Features for 12th Ave SW

General Information

Standard status Active
Lot size 1.25 Acres
Property subtype LAND
Listing Agency: eXp Realty
Listed By: Jimmie Norris · License #52531
Source: Moodyscre
Added: Jun 16 Changed: Aug 8 Last Checked: Jul 16 at 8:16AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This offering is a large residential development lot measuring approximately 1.25 acres. The property is vacant, providing space for buyers to plan their preferred home or site layout based on their own development approach.

The lot is located not far from Southern Blvd, offering convenient access to the surrounding area. The seller is currently open to owner financing, with a stated structure of 50% down, subject to approval.

For investors, the seller notes that a custom package deal may be possible for multiple vacant lots in the area, which could support buyers looking to assemble more than one site. Prospective buyers should contact the broker directly to discuss owner financing terms and any multi-lot options that may be available.

Key Highlights

  • 1.25‑acre residential lot near Southern Blvd
  • Owner financing considered with 50% down payment
  • Investor option: custom package deal for multiple vacant lots in the area

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - A 1.25-acre residential lot positioned near Southern Blvd for future home or development planning.
Where is this residential land & home lot located?
The property is located at 12th Ave SW Rio Rancho, NM.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 1.25‑acre residential lot near Southern Blvd; Owner financing considered with 50% down payment; Investor option: custom package deal for multiple vacant lots in the area
(505) 234-6225 Call to check price and availability
More about this property
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