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1.74-Acre Land Parcel

5229 Olsen Road NE, Rio Rancho, NM 87144

For Sale
Contact for pricing

Land, Rio Rancho, NM

Property SizeContact for details
Lot Size1.74 Acres
Days on Market44

Property Features for 5229 Olsen Road NE

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-1
Subdivision RIO RANCHO ESTATES
Directions Take Chayote South from NM550 to Kennard. West past water tanks to Hummell. Left -south- to Olsen. Left - east- to 2nd lot on left. SEE ZAP AND ILR IN DOCUMENTS.
Standard status Active
APN 1015075242169
Lot size 1.74 Acres

Taxes and HOA fees

Tax Description UNIT 20 BLOCK 88 LOT 18 RIO RANCHO ESTATES
Tax Annual Amount 297
Legal Description UNIT 20 BLOCK 88 LOT 18 RIO RANCHO ESTATES
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Frank Andreone · License NM #25713
Added: Sep 28 Changed: Oct 30 Last Checked: Nov 10 at 9:06PM
MLS# 1111680

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.

Rey
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Investment Insights

Based on property information with market context.

This 1.74-acre land parcel is located at 5229 Olsen Road NE in Rio Rancho, New Mexico. Its acreage is the primary physical detail provided for the property.

Key Highlights

  • 1.74‑acre parcel at 5229 Olsen Road NE in Rio Rancho

Property Analytics

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Location Intelligence

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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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - The parcel offers a substantial land area for a commercial land-use review.
Where is this residential land & home lot located?
The property is located at 5229 Olsen Road NE Rio Rancho, NM.
What are key features of this property?
This property features: 1.74‑acre parcel at 5229 Olsen Road NE in Rio Rancho
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