Property profile

33rd St. & Northern Blvd Rio Rancho, NM 87144

OFF-MARKET
Commercial real estate
1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre lot, located at the intersection of NEQ 33rd Street and Northern Boulevard in Rio Rancho, New Mexico, presents a unique investment opportunity. Zoned M-1, this property is perfectly suited for a contractor's yard or other industrial uses. Its strategic location offers easy access to city utilities, placing it in a prime position to capitalize on Rio Rancho's burgeoning commercial growth, particularly within its fastest-growing submarket. The site's proximity to major residential developments ensures a strong potential customer base, while its central location relative to Rio Rancho schools and hospitals makes it an attractive option for vendors serving these institutions. The asking price for this exceptional parcel is $174,240. The property's address is NEQ 33rd St. & Northern Blvd., Rio Rancho, NM 87144, situated in Sandoval County. This is a rare chance to acquire a well-positioned, versatile lot in a thriving New Mexico community. The lot's size is precisely one acre, offering ample space for development and expansion. This presents a compelling opportunity for businesses seeking a strategic location with excellent access to infrastructure and a growing market. Don't miss this chance to secure a valuable asset in a rapidly developing area.

Property profile

Verified
Property type Commercial real estate
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

33rd St. & Northern Blvd Rio Rancho, NM 87144
Rio Rancho metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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