Search
Two Lots in Growing Area
For Sale
$70,000

410 Rainbow Boulevard SE, Rio Rancho, NM 87124

Land, Rio Rancho, NM

Property SizeContact for details
Lot Size0.50 Acres
Days on Market106

Property Features for 410 Rainbow Boulevard SE

General Information

Property type Land
Property subtype Other
Zoning description R-1
Subdivision Rio Rancho Estates
Elementary school Rio Rancho
Middle school Rio Rancho Mid High
High school Rio Rancho
Directions From Southern and Unser turn west on Southern to Rainbow. Turn right on Rainbow drive towards Inca and Rainbow Lots on the right. Lot 3 ai also available.
Standard status Active
APN 1009069240143
Lot size 0.50 Acres

Taxes and HOA fees

Tax Annual Amount 258
Listing Agency: Realty One of New Mexico
Listed By: Rose M Varona · License #17735
Added: May 9 Changed: Aug 19 Last Checked: Aug 22 at 1:06PM
MLS# 1103864

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.

Two adjoining lots are available in a rapidly growing area surrounded by custom homes. The property offers mountain views from the back, which could serve as a backdrop for future construction. The location provides access to hospitals, movie theaters, schools, shopping, dining, and everyday essentials. These lots offer potential in a thriving community for building a home or for investment.

Key Highlights

  • Two adjoining lots offer flexibility for building or investment.
  • Stunning mountain views from the property.
  • Located in a rapidly growing area with custom homes.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

46
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 - Two adjoining lots in a rapidly growing area.
Where is this residential land & home lot located?
The property is located at 410 Rainbow Boulevard SE 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: Two adjoining lots offer flexibility for building or investment.; Stunning mountain views from the property.; Located in a rapidly growing area with custom homes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message