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    528 And Idalia Rd Rio Rancho, NM 87144

    For Sale
    $2,351,151

    21.59 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 21.59-acre commercial land parcel presents a compelling investment and development opportunity in the rapidly expanding city of Rio Rancho, New Mexico. Located at the intersection of Highway 528 and Idalia Road, this strategically positioned property boasts over 800 feet of frontage on Idalia Road. The site benefits from readily available utilities and is ideally situated across the street from the newly constructed Sandoval County Judicial Complex, administrative offices, and the Sandoval Easy Express Park and Ride. This high-visibility location is poised for significant future growth, making it an attractive proposition for a variety of commercial ventures. The property is zoned SU C-1, and the land value is $108,900 per acre, with an asking price of $2,351,151. The area is experiencing robust growth, evidenced by approximately 30% of new home permits within the metropolitan statistical area. Recent improvements to Idalia Road, including utility upgrades, further enhance the property's appeal. The location within a highly rated school district adds to its overall desirability. This prime parcel offers a unique chance to capitalize on Rio Rancho's dynamic growth trajectory and its proximity to key county facilities. Don't miss this chance to secure a piece of Rio Rancho's future. The property is located in Sandoval County, New Mexico, with a zip code of 87144.

    Property Features for 528 And Idalia Rd

    General Information

    Property type
    Land
    Lot Size
    940,460 SF

    HighLights

    • High growth area; MSA's new home permits are approximately 30% higher.
    • Newly reconstructed Idalia Road with upgraded utilities.
    • Across the street from Sandoval County administrative offices.
    • Utilities readily available at the street.
    • Located in a highly‑rated school district.
    • Prime investment/development opportunity in a rapidly expanding area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5844282
    Latitude
    35.306395

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    FAQs

    What type of property is this?
    Land - 21.59 Acres, Prime Development Site
    Where is this land located?
    The property is located at 528 And Idalia Rd Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $2,351,151.
    What are key features of this property?
    This property features: High growth area; MSA's new home permits are approximately 30% higher.; Newly reconstructed Idalia Road with upgraded utilities.; Across the street from Sandoval County administrative offices.
    Request Owner's contact information
    528 And Idalia Rd Rio Rancho, NM 87144
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    Rio Rancho, NM 87144
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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
    528 And Idalia Rd Rio Rancho, NM 87144
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