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Residential Homesite Land Parcel
For Sale
$85,000

517 8th Street NE, Rio Rancho, NM 87124

Level homesite land suited for building a future custom residence in Rio Rancho’s expanding area.

Property SizeContact for details
Days on Market80

Property Features for 517 8th Street NE

General Information

Standard status Active
Property subtype Land
Listing Agency: Elevate New Mexico Realty
Listed By: Cody Reed Bratton · License #REC20230230
Source: Remprops
Added: Jun 21 Changed: Sep 8 Last Checked: Sep 8 at 6:45AM

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 Elevate New Mexico Realty

Investment Insights

Based on property information with market context.

This offering is a residential land parcel with level terrain, presented as a suitable homesite for a future custom residence. The property also presents the option for buyers looking to expand, with the neighboring lot described as available as well.

The land is located in an expanding area of Rio Rancho, with public remarks noting sweeping Sandia Mountain views. The site is positioned for convenient access to local amenities, as characterized in the listing remarks.

For buyers and builders, the practical appeal is the buildable nature of the lot described as level, paired with the potential to secure a larger footprint by purchasing the adjacent property. Whether you are planning a single new home or assembling a combined parcel package with the neighboring lot, this site is positioned to support those plans based on the characteristics provided.

Key Highlights

  • Level homesite land in Rio Rancho’s expanding area, suited for building a custom residence
  • Sweeping Sandia Mountain views
  • Convenient access to Rio Rancho amenities and growth areas

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store Home Appliance Store Butcher (Bike/Boat/Book/etc) Store Tanning Salon

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

2,477
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 - Level homesite land suited for building a future custom residence in Rio Rancho’s expanding area.
Where is this residential land & home lot located?
The property is located at 517 8th Street NE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Level homesite land in Rio Rancho’s expanding area, suited for building a custom residence; Sweeping Sandia Mountain views; Convenient access to Rio Rancho amenities and growth areas
More about this property
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