City Center Development Land
For Sale
$70,000
2121 Painted Hills Avenue NE, Rio Rancho, NM 87144
LAND - Rio Rancho, NM
Property SizeContact for details
Lot Size0.50 Acres
Days on Market23
Property Features for 2121 Painted Hills Avenue NE
General Information
Property type
Land
Property subtype
Other
Zoning description
SU
Subdivision
Rio Rancho Estates
Lot features
Cleared, Views
Directions
From Unser and Paseo del Volcan, go North on Unser to the first street past Arena Dr. Turn East on Painted Hills and go 1.5 blocks to the property on the North side of the street.
Standard status
Active
APN
1011073481257
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
Legal: Subd: RIO RANCHO ESTATES Block: 10 Lot: 24 Unit: 21
Tax Annual Amount
260
Legal Description
Legal: Subd: RIO RANCHO ESTATES Block: 10 Lot: 24 Unit: 21
Listing Agency:
Coldwell Banker Legacy · Coldwell Banker Real Estate
(505) 892-1000
Listed By:
Stephen C Herkenhoff · License #35514
(505) 263-4566
Added: Jul 22
Changed: Aug 1
Last Checked: Aug 13 at 2:06AM
MLS# 1107845
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 for-sale land parcel consists of approximately a half-acre and is currently zoned SU. Development will require City approval prior to any construction.
Access is provided via a dirt road, and no utilities are currently available on the property. The site is located between Unser Blvd. and the Rio Rancho City Centre, near the Rio Rancho Events Center, UNM and CNM West Campus, the HP campus, and Sandoval Regional Medical Center.
Prospective buyers are encouraged to verify zoning, utility availability, and development requirements with the City of Rio Rancho.
Access is provided via a dirt road, and no utilities are currently available on the property. The site is located between Unser Blvd. and the Rio Rancho City Centre, near the Rio Rancho Events Center, UNM and CNM West Campus, the HP campus, and Sandoval Regional Medical Center.
Prospective buyers are encouraged to verify zoning, utility availability, and development requirements with the City of Rio Rancho.
Key Highlights
- 1/2‑acre parcel in Rio Rancho City Centre area, located between Unser Blvd. and the Rio Rancho City Centre
- Currently zoned SU; City approval required prior to development
- Near Rio Rancho Events Center, UNM and CNM West Campus, HP campus, and Sandoval Regional Medical Center
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 87144, NM
46,333
Population
18,261
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
95%
High-School Grad
100.4 sq mi
ZIP Area
461
Density / Sq Mi
$90,973
Median Household Income
$48,220
Median Earnings
$1,670
Median Rent
$280,600
Median Home Value
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 - Half-acre parcel zoned SU, with dirt-road access and no utilities currently available, requiring city approval for development.
Where is this residential land & home lot located?
The property is located at 2121 Painted Hills Avenue NE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 1/2‑acre parcel in Rio Rancho City Centre area, located between Unser Blvd. and the Rio Rancho City Centre; Currently zoned SU; City approval required prior to development; Near Rio Rancho Events Center, UNM and CNM West Campus, HP campus, and Sandoval Regional Medical Center
