Listing Agency: Colliers International s***@colliers.com Show Phone

Listed By: Joe R Romero · License #13670 Show Phone

Source: Exprealty

Added: Nov 10, 2025 Changed: Sep 2 Last Checked: Sep 10 at 11:45AM

Report an Issue

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 Colliers International

Investment Insights

Based on property information with market context.

This land parcel is offered exclusively to current New Mexico residents. Water service, if desired, would require a well, while wastewater service would require a septic tank. Prospective buyers should evaluate whether the required utilities and related costs align with their plans.

No survey is available, and the sale excludes mineral rights and water rights. The property is identified at 7-7 16th St Nw, Rio Rancho, NM 87124.

Key Highlights

• Offered only to current New Mexico residents
• A well would be required if water service is desired
• A septic tank would be required if wastewater service is desired

Property Analytics

Current Use

Land

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

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

4

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Fourplex with Individual Storage

483 Vancouver Road SE, Rio Rancho, NM 87124

$600,000

3,433 SF

View details

Restaurant Property with Retail Space

4000 Barbara Loop SE, Rio Rancho, NM 87124

$1,200,000

7,000 SF

View details

Freestanding Flex Building

2516 S SE Southern Boulevard, Rio Rancho, NM 87124

$480,000

2,450 SF

View details

Two-Building 8-Unit Apartment Property

309-313 Geraldine Loop SE, Rio Rancho, NM 87124

$1,030,000

6,684 SF

View details

Two Fourplex Apartment Buildings

55-65 Darlene Road SE, Rio Rancho, NM 87124

$1,030,000

6,620 SF

View details

Dollar Tree-Anchored Retail Center

4405 Jager Dr NE, Rio Rancho, NM 87144

$6,573,720

29,000 SF

View details

Three-Unit Office Condo Portfolio

2240 Grande Blvd SE Ste 106, 2320 Grande Blvd SE Stes B & D, Rio Rancho, NM 87124

$1,195,000

5,327 SF

View details

Turn-Key Drive-Thru Building For Sale

2200 Southern Boulevard Southeast, Rio Rancho, NM 87124

$995,000

664 SF

View details

Fully Occupied Fourplex with Corner Lot

483 Vancouver Road SE, Rio Rancho, NM 87124

$600,000

3,433 SF

View details

C1-Zoned Commercial Land

2508 Southern Blvd SE, Rio Rancho, NM 87124

$135,000

12,197 SF

View details

Commercial Land Near Major Intersection

2202 Southern Blvd SW #16, Rio Rancho, NM 87124

$120,000

1,437,500 SF

View details

NNN Retail Strip Center

1630 Rio Rancho Blvd SE, Rio Rancho, NM 87124

$3,229,792

11,973 SF

View details

Frequently Asked Questions

What type of property is this?

Land - Private well and septic systems would be needed if water and wastewater service are pursued.

Where is this land located?

The property is located at 7-7 16th St Nw Rio Rancho, NM.

What are key features of this property?

This property features: Offered only to current New Mexico residents; A well would be required if water service is desired; A septic tank would be required if wastewater service is desired