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Residential Home Lot Opportunity

8-8 2nd Ave Sw, Rio Rancho, NM 87124

For Sale
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Build-ready residential land in Rio Rancho, with buyer responsibility for well and septic planning.

Property SizeContact for details
Days on Market373

Property Features for 8-8 2nd Ave Sw

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $113
Listing Agency: Colliers International
Listed By: Joe R Romero · License NM #13670
Source: Exprealty
Added: Nov 3, 2025 Changed: Oct 26 Last Checked: Nov 10 at 2:24PM

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

Rey
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Investment Insights

Based on property information with market context.

This offering is residential land & home lots available for purchase. The property requires a well if water service is desired, and a septic tank if wastewater is desired. The buyer must evaluate whether utilities and associated costs fit their intended plans.

The land is located at 8-8 2nd Ave SW in Rio Rancho, New Mexico. The seller’s public remarks also state that the property is available to current New Mexico residents only. Additionally, no survey is available for review, and the buyer should plan accordingly when determining property boundaries and development needs.

Before closing, prospective buyers should confirm site requirements and feasibility for on-site utilities since no connected water or wastewater details are provided. The remarks further indicate that no mineral or water rights are included in the sale, so any related resource rights would need to be addressed independently. Closing costs are the responsibility of the buyer. Overall, this is a straightforward land purchase for buyers who want to handle utilities, due diligence, and development planning as part of their build-out timeline.

Key Highlights

  • Build‑ready residential land in Rio Rancho
  • If water service is desired, a well will be required
  • If wastewater service is desired, a septic tank will be required

Property Analytics

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

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store

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

18
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready residential land in Rio Rancho, with buyer responsibility for well and septic planning.
Where is this residential land & home lot located?
The property is located at 8-8 2nd Ave Sw Rio Rancho, NM.
What are key features of this property?
This property features: Build‑ready residential land in Rio Rancho; If water service is desired, a well will be required; If wastewater service is desired, a septic tank will be required
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