Land Parcels Near Retail
For Sale
Contact for pricing
SEQ Wellspring Ave & 21st St SE, Rio Rancho, NM 87124
Land parcels adjacent to retail, near Albertsons and Presbyterian Hospital.
Property SizeContact for details
Lot Size4.87 Acres
Days on Market1835
Property Features for SEQ Wellspring Ave & 21st St SE
General Information
Standard status
Active
Lot size
4.87 Acres
Property subtype
Land
Zoning
C-1
Listing Agency:
NAI Sun Vista
(505) 878-0001
Listed By:
Genieve Posen · License #NM53880
Source:
Crexi
Added: Aug 5, 2021
Changed: Aug 8
Last Checked: Aug 12 at 10:55AM
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 NAI Sun Vista
Investment Insights
Based on property information with market context.
Available for purchase are two land parcels, either individually or combined, situated adjacent to the Unser Pavilion retail center. The south lot encompasses approximately 2.18 acres and is offered at $1,115,780, which equates to $11.75 per square foot. The north lot is approximately 2.69 acres and is listed for $1,523,288, or $13.00 per square foot. The combined area of both lots is approximately 4.87 acres, with a total price of $2,598,666, or $12.25 per square foot. The location is across from the newly-opened Albertsons Market Street and Presbyterian Rust Medical Center. The area is considered an underserved market with an average household income of $125,077 within a 1-mile radius. The property is a VeriReady Site. LEDA and GRIP funds are available. The zoning is C-1. Potential uses include an entertainment venue, restaurants, food hall, hotel, or office complex.
Key Highlights
- Located in an underserved market with high average household income ($125,077 within a 1‑mile radius).
- Adjacent to the Unser Pavilion retail center with walkable connectivity and across from Albertsons Market Street.
- VeriReady Site status facilitates faster groundbreaking.**
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
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?
Commercial land - Land parcels adjacent to retail, near Albertsons and Presbyterian Hospital.
Where is this commercial land located?
The property is located at SEQ Wellspring Ave & 21st St SE Rio Rancho, NM.
What are key features of this property?
This property features: Located in an underserved market with **high average household income ($125,077 within a 1‑mile radius)**.; Adjacent to the Unser Pavilion retail center with walkable connectivity and across from Albertsons Market Street.; VeriReady Site status facilitates faster groundbreaking.**
