Listing Agency: Absolute Real Estate r***@yahoo.com Show Phone

Listed By: Michael Schlichte · License #17987 Show Phone

Added: Oct 9, 2025 Changed: May 14 Last Checked: Aug 22 at 11:06AM

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MLS# 1092671

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 0.5-acre commercial land lot is located in Rio Rancho, New Mexico. The property is situated close to underground gas and electric utilities. The seller will consider owner financing with $2500 down and the remaining balance at 6% interest over 10 years. Buyers are advised to verify the cost and location of all utilities prior to closing.

Key Highlights

• Owner financing available
• Low down payment option ($2500)
• Favorable interest rate (6%)

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Bakery

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

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

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What type of property is this? Where is this commercial 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?

Commercial land - Investment lot available in Rio Rancho, close to utilities.

Where is this commercial land located?

The property is located at 5029 Hummell Road NE Rio Rancho, NM.

What are key features of this property?

This property features: Owner financing available; Low down payment option ($2500); Favorable interest rate (6%)