Listing Agency: Absolute Real Estate

Listed By: Michael Schlichte · License #NM Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 8:22PM

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Investment Insights

Based on property information with market context.

This land parcel is located at 5023 Magenta Road NE in Rio Rancho, New Mexico. Gas and electric service are nearby, providing relevant utility context for evaluating future development of the site. Two custom homes have already been constructed in the surrounding area.

Key Highlights

• Gas and electric service located near the parcel
• Two custom homes already built nearby
• Located at 5023 Magenta Road NE in Rio Rancho, NM 87144

Property Analytics

Current Use

Land

Location Intelligence

Trade Area within ½ mile

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.

What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Gas and electric service are located near the parcel, supporting future development planning.

Where is this land located?

The property is located at 5023 Magenta Road NE Rio Rancho, NM.

What are key features of this property?

This property features: Gas and electric service located near the parcel; Two custom homes already built nearby; Located at 5023 Magenta Road NE in Rio Rancho, NM 87144