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Residential Land Lot
For Sale
$35,400

5-5 20th St Sw, Rio Rancho, NM 87124

Buildable lot for buyers who want to arrange water via a well and handle wastewater with septic.

Property SizeContact for details
Days on Market94

Property Features for 5-5 20th St Sw

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $43
Listing Agency: Colliers International
Listed By: Joe R Romero · License #13670
Source: Exprealty
Added: May 11 Changed: Aug 8 Last Checked: Jul 16 at 4:14PM

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 Colliers International

Investment Insights

Based on property information with market context.

This offering is for a residential land and home lot available for sale in Rio Rancho, New Mexico. The property does not include a survey, so buyers should plan for their own due diligence regarding boundaries and site conditions. The sale also does not include mineral rights or water rights.

Water and wastewater will require buyer-provided solutions if you want services. Public remarks indicate that a well would be required if water service is desired, and a septic tank would be required if wastewater is desired. Buyers will need to determine whether utilities and associated costs fit their plans before proceeding. Closing costs are to be paid by the buyer.

Please note the eligibility requirement: the property is available to current New Mexico residents only. This lot may be a fit for buyers willing to take on utility planning and septic/well arrangements as part of their development timeline. Because no survey is available and no water or mineral rights are included, prospective buyers should review how these factors affect feasibility for their intended use before making an offer.

Key Highlights

  • Buildable lot for buyers who plan to arrange water via a well
  • Wastewater handled via a septic tank (buyer will need to arrange septic)
  • No survey is available

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

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

4
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Buildable lot for buyers who want to arrange water via a well and handle wastewater with septic.
Where is this residential land & home lot located?
The property is located at 5-5 20th St Sw Rio Rancho, NM.
What is the asking price?
The asking price for this property is $35,400.
What are key features of this property?
This property features: Buildable lot for buyers who plan to arrange water via a well; Wastewater handled via a septic tank (buyer will need to arrange septic); No survey is available
More about this property
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