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    SEQ Wellspring Ave & 21st St SE Rio Rancho, NM 87124

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    Land parcels adjacent to retail, near Albertsons and Presbyterian Hospital.

    Type:Land
    Lot size:
    4.87 Acres
    Added:
    Aug 5, 2021
    Days on Market:
    1729
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for SEQ Wellspring Ave & 21st St SE

    General Information

    Standard status
    Active
    Lot size
    4.87 Acres
    Property subtype
    Land

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    Listing Contact
    Genieve Posen

    Listing agent Genieve Posen License #NM53880

    Listing office NAI Sun Vista

    Listing date Aug 5, 2021

    Source Crexi

    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 NAI Sun Vista


    Overview

    Land Parcels Near Retail Center

    Available for purchase are two land parcels, either individually or combined, situated adjacent to the Unser Pavilion retail center. The south lot encompasses approximately 2.18 acres and is offered at $1,115,780, which equates to $11.75 per square foot. The north lot is approximately 2.69 acres and is listed for $1,523,288, or $13.00 per square foot. The combined area of both lots is approximately 4.87 acres, with a total price of $2,598,666, or $12.25 per square foot. The location is across from the newly-opened Albertsons Market Street and Presbyterian Rust Medical Center. The area is considered an underserved market with an average household income of $125,077 within a 1-mile radius. The property is a VeriReady Site. LEDA and GRIP funds are available. The zoning is C-1. Potential uses include an entertainment venue, restaurants, food hall, hotel, or office complex.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.7783414
    Latitude
    35.2581842

    FAQs

    What type of property is this?
    Commercial land - Land parcels adjacent to retail, near Albertsons and Presbyterian Hospital.
    Where is this commercial land located?
    The property is located at SEQ Wellspring Ave & 21st St SE Rio Rancho, NM.
    What are key features of this property?
    This property features: Located in an underserved market with **high average household income ($125,077 within a 1‑mile radius)**.; Adjacent to the Unser Pavilion retail center with walkable connectivity and across from Albertsons Market Street.; **VeriReady Site status facilitates faster groundbreaking.**
    More about this property
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