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Commercial Land with Paved Road Access
For Sale
$125,000

2015 Arena Drive NE, Albuquerque, NM 87124

LAND - Albuquerque, NM

Property SizeContact for details
Lot Size0.50 Acres
Days on Market56

Property Features for 2015 Arena Drive NE

General Information

Property type Land
Property subtype Other
Zoning description SU
Subdivision Rio Rancho Estates
Lot features Views, Acreage
Directions Going North on Unser, Take a Right on Arena Dr. Lot(s) are on your direct Left
Standard status Active
APN 1011073408199
Lot size 0.50 Acres

Taxes and HOA fees

Tax Annual Amount 260

Utilities

Water source Public
Listing Agency: Re/Max Exclusive · RE/MAX International
Listed By: Hana Team
Added: Jun 18 Changed: Jun 24 Last Checked: Aug 12 at 6:06PM
MLS# 1106114

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This listing offers a build-ready commercial lot totaling 0.5 acres. The property is offered as land for new development, giving buyers flexibility to plan their preferred commercial use on the site. The listing also notes that the road on Arena Drive is paved.

The parcel is located at 2015 Arena Drive NE in Albuquerque, NM 87124. The public remarks describe the property as being near City Hall, UNM, CNM, and the Rio Rancho Event Center and Outdoor Amphitheatre, placing it in an active area with established destinations.

For buyers and developers, the lot’s combination of commercial zoning-ready land (as presented) and paved road access can support a range of neighborhood- and destination-oriented concepts. Its proximity to prominent institutions and event venues may be useful for operators seeking a site that can serve visitors, students, and nearby daytime traffic. Interested parties should confirm all development requirements, including applicable approvals and permitted uses, with the appropriate local authorities.

Key Highlights

  • Commercial lot on Arena Drive in Rio Rancho
  • About 0.5 acre lot size
  • Water source: public

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

26
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?
Commercial land - Build-ready commercial lot on a paved road, positioned near City Hall and UNM/CNM for convenient customer access.
Where is this commercial land located?
The property is located at 2015 Arena Drive NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Commercial lot on Arena Drive in Rio Rancho; About 0.5 acre lot size; Water source: public
More about this property
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