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Raw Land Parcel for Sale
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8th 6th Avenue SW, Rio Rancho, NM 87124

Land, Rio Rancho, NM

Property SizeContact for details
Lot Size1.00 Acre
Days on Market233

Property Features for 8th 6th Avenue SW

General Information

Property type Land
Property subtype Other
Zoning description A-1
Subdivision Rio Rancho Estates
Lot features Views, Acreage
Directions West on Southern, Turn north on rainbow until 6th ave turn west on 6th avenue all the way to 18th street
Standard status Active
APN NotAvailable
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 3333
Listing Agency: Keller Williams Realty
Listed By: Matthew Gallegos · License #REC20240429
Added: Jan 1 Changed: Aug 19 Last Checked: Aug 22 at 8:06PM
MLS# 1098865

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering consists of approximately one acre of raw land in Rio Rancho, New Mexico. The property is presented as vacant land with no stated improvements included in the listing information.

The parcel is located at 8th 6th Avenue SW, Rio Rancho, NM 87124 in Sandoval County. The seller has also indicated flexibility on terms, including openness to REC or seller financing options.

For buyers considering private financing, the seller states they are open to seller financing with 15% down and a one-year balloon at 9%, and they note that they will not pay NM-GRT for the buyer’s broker. The listing also specifies that the seller will not cover the cost of a survey or an Elevation Certificate, or any impact fees. As with any raw land purchase, prospective buyers should plan for due diligence items and any site-specific requirements they may need to complete prior to development.

Key Highlights

  • One acre of raw land offers ample space and potential.
  • Seller financing available with 15% down.
  • Seller open to Real Estate Contract (REC).

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Auto Parts Store HVAC Service Computer & Electronic Repair

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

11
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Approximately one-acre raw land parcel offered for sale in Rio Rancho, suitable for a future build.
Where is this land located?
The property is located at 8th 6th Avenue SW Rio Rancho, NM.
What are key features of this property?
This property features: One acre of raw land offers ample space and potential.; Seller financing available with 15% down.; Seller open to Real Estate Contract (REC).
More about this property
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