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Land in Growing Residential Area
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51st Street NW, Rio Rancho, NM 87124

Land, Rio Rancho, NM

Property SizeContact for details
Lot Size1.00 Acre
Days on Market560

Property Features for 51st Street NW

General Information

Property type Land
Property subtype Other
Zoning description RR-1
Subdivision Rio Rancho Estates
Lot features Cleared, Views, Gentle Sloping
Directions West on Northern Blvd. to 52nd St. South one block to Florida Rd. NW, East one block to 51st. St and then South to the property on the West side of the road. See photo for satellite image with road names.
Standard status Active
APN 1003070344334
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description Legal: Subd: RIO RANCHO ESTATES Block: 85 Lot: 17 Unit: 2 BK: 409 PG: 17554
Tax Annual Amount 24
Legal Description Legal: Subd: RIO RANCHO ESTATES Block: 85 Lot: 17 Unit: 2 BK: 409 PG: 17554

Utilities

Water source Private
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Stephen C Herkenhoff · License #35514
Added: Feb 10, 2025 Changed: Aug 19 Last Checked: Aug 24 at 2:06AM
MLS# 1078041

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 property represents an investment opportunity situated within a growing rural residential area of Rio Rancho, New Mexico. The lot encompasses approximately one acre.

Key Highlights

  • Investment opportunity
  • Growing rural residential area
  • Private water source

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply (Bike/Boat/Book/etc) Store Skin Care Clinic

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

1
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 - One acre of land in Rio Rancho, New Mexico.
Where is this residential land & home lot located?
The property is located at 51st Street NW Rio Rancho, NM.
What are key features of this property?
This property features: Investment opportunity; Growing rural residential area; Private water source
More about this property
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