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Half-Acre Corner Lot in Rio Rancho

6824 Vatapa Road NE, Rio Rancho, NM 87144

For Sale
$68,000

Land, Rio Rancho, NM

Property SizeContact for details
Lot Size0.56 Acres
Days on Market261

Property Features for 6824 Vatapa Road NE

General Information

Property type Land
Property subtype Other
Zoning R-1
Subdivision Rio Rancho Estates
Directions From 528, turn west on Idalia, south on Aurora, west on Vatapa.
Standard status Active
APN 1017072178523
Lot size 0.56 Acres

Taxes and HOA fees

Tax Description Slight Grade up to the South
Tax Annual Amount 670
Legal Description Slight Grade up to the South
Listing Agency: EXP Realty LLC
Listed By: The Southwest Life ReGroup
Added: Feb 23 Changed: Oct 30 Last Checked: Nov 10 at 6:06PM
MLS# 1098951

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 corner lot in Rio Rancho, New Mexico, offers a rare opportunity to design and build a custom home. The property spans 0.56 acres and features dual access points, providing flexibility for the layout. One access point can serve as the main private entrance, while the other is suitable for an RV, workshop, or casita. The corner location allows for thoughtful design, promoting privacy and convenience. The property's size and configuration support multi-generational living, a private guest retreat, or a detached casita for rental income. Seller financing is available with $20,000 down and a 3-year loan at 3% interest.

Key Highlights

  • Rare half‑acre corner lot with dual access points.
  • Ideal for custom home design with privacy and versatility.
  • Separate access point suitable for RV, workshop, or casita.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store HVAC Service

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

46
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare corner lot with dual access points for custom home.
Where is this residential land & home lot located?
The property is located at 6824 Vatapa Road NE Rio Rancho, NM.
What is the asking price?
The asking price for this property is $68,000.
What are key features of this property?
This property features: Rare half‑acre corner lot with dual access points.; Ideal for custom home design with privacy and versatility.; Separate access point suitable for RV, workshop, or casita.
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