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    Loop Rd Rio Rancho, NM 87144

    For Sale
    $4,835,160

    Prime Commercial Land, Rio Rancho, NM

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 18.5-acre commercial land parcel presents a remarkable investment opportunity in Rio Rancho, New Mexico. Strategically located at the high-traffic intersection of NM-550 and Northwest Loop Road, this C-1 zoned property boasts unparalleled accessibility. Situated in Rio Rancho's rapidly expanding northwest quadrant, the land benefits from its proximity to fully developed residential communities like Mariposa and Mountainhawk Estates, ensuring a robust and growing customer base. The site's convenient access to both I-25 via NM-550 and I-40 via Northwest Loop Road makes it ideal for a variety of commercial uses, including industrial and manufacturing facilities. The asking price is $4,835,160, translating to a land value of $6 per square foot. Furthermore, the property's location offers significant advantages, with easy access to major amenities such as Rio Rancho City Hall, UNM Sandoval Regional Medical Center, the Santa Ana Star Event Center, and the Hyatt Tamaya Resort, all within minutes. Public incentives are available to help offset infrastructure and construction costs, making this an even more attractive proposition for developers. This prime location and the potential for significant returns make this a truly exceptional investment opportunity.

    Property Features for 0 Loop Rd

    General Information

    Property type
    Land
    Lot Size
    805,860 SF

    HighLights

    • $4,835,160 asking price
    • 18.5‑acre commercial land parcel
    • C‑1 zoning
    • Located at the intersection of NM‑550 and NW Loop Rd in Rio Rancho, NM
    • $6/SF land value
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6345695
    Latitude
    35.3713651

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Rio Rancho, NM
    Where is this land located?
    The property is located at Loop Rd Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $4,835,160.
    What are key features of this property?
    This property features: $4,835,160 asking price; 18.5-acre commercial land parcel; C-1 zoning
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Loop Rd Rio Rancho, NM 87144
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