Residential Lot Near
For Sale
$65,000
612 Rainbow Boulevard NE, Rio Rancho, NM 87124
LAND - Rio Rancho, NM
Property SizeContact for details
Lot Size0.50 Acres
Days on Market119
Property Features for 612 Rainbow Boulevard NE
General Information
Property type
Land
Property subtype
Other
Zoning description
R-1
Subdivision
Rio Rancho Estates
Lot features
Cleared, Acreage
Directions
Take Southern Blvd in Rio Rancho all the way down to Rainbow Blvd and take a right go up Rainbow about a mile and the land lot is on the right hand side directly across the street from the 7th ave and Rainbow street sign. Use listing address and the GPS map will take you directly to location. Broker has signs posted on land location.
Standard status
Active
APN
1009070240296
Lot size
0.50 Acres
Taxes and HOA fees
Tax Annual Amount
258
Listing Agency:
Coldwell Banker Legacy · Coldwell Banker Real Estate
(505) 292-8900
Listed By:
Amber Rosado · License #REC20240800
(505) 718-5101
Added: Apr 17
Changed: Jun 9
Last Checked: Aug 13 at 1:06AM
MLS# 1102151
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 offering is a half-acre residential lot in Rio Rancho, New Mexico, presented for buyers who want a buildable site. The property’s size supports a range of single-family development plans, subject to buyer and local requirements.
Access is available from a paved road, offering straightforward ingress and egress. The address is 612 Rainbow Boulevard NE in Rio Rancho (Sandoval County). The seller also owns the adjacent lot at 618 Rainbow Boulevard NE and is open to selling the properties individually or together.
For homeowners, the lot provides land to plan and build according to your preferred layout and timeline. For investors or buyers seeking flexibility, the option to combine this parcel with the adjacent lot can allow for a larger configuration than a single-site purchase alone. Interested parties should verify all development requirements and allowable uses with the appropriate local authorities before proceeding.
Access is available from a paved road, offering straightforward ingress and egress. The address is 612 Rainbow Boulevard NE in Rio Rancho (Sandoval County). The seller also owns the adjacent lot at 618 Rainbow Boulevard NE and is open to selling the properties individually or together.
For homeowners, the lot provides land to plan and build according to your preferred layout and timeline. For investors or buyers seeking flexibility, the option to combine this parcel with the adjacent lot can allow for a larger configuration than a single-site purchase alone. Interested parties should verify all development requirements and allowable uses with the appropriate local authorities before proceeding.
Key Highlights
- Half‑acre lot in New Mexico with easy access from a paved road
- Minutes from shopping, dining, and entertainment
- Seller owns adjacent lot at 618 Rainbow Blvd NE and may sell lots individually or together
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Half-acre residential lot with paved-road access and an adjacent parcel option for flexible expansion.
Where is this residential land & home lot located?
The property is located at 612 Rainbow Boulevard NE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Half‑acre lot in New Mexico with easy access from a paved road; Minutes from shopping, dining, and entertainment; Seller owns adjacent lot at 618 Rainbow Blvd NE and may sell lots individually or together
