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    & Moccasin Northern Blvd Rio Rancho, NM 87124

    For Sale
    $348,480

    Prime Commercial Lot, Rio Rancho, NM.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1-acre commercial land parcel presents a remarkable investment opportunity in Rio Rancho, New Mexico. Located at the hard corner of Northern Boulevard and Moccasin Road NE, this flat, level site boasts convenient access to city utilities already in place within the street. Zoned C-1, this property is ideally suited for a wide range of commercial developments. The location is particularly advantageous, situated within Rio Rancho's fastest-growing submarket, ensuring significant potential for future appreciation. The 87124 zip code offers excellent visibility and accessibility for businesses. This property's strategic positioning at a hard corner intersection provides maximum exposure to high traffic volumes, making it an ideal location for retail, restaurants, or other commercial ventures. The one-acre lot provides ample space for development, allowing for flexibility in design and construction. This is a rare opportunity to acquire a prime commercial lot in a thriving area with excellent growth prospects. The asking price is $348,480. Don't miss this chance to secure a piece of Rio Rancho's vibrant commercial landscape.

    Property Features for & Moccasin Northern Blvd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $348,480 asking price.
    • 1‑acre commercial land parcel.
    • C‑1 zoning.
    • Located at the hard corner of Northern Blvd & Moccasin Rd NE in Rio Rancho, NM 87124.
    • City utilities available.
    • Level site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.66970992
    Latitude
    35.27445061

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Rio Rancho, NM.
    Where is this land located?
    The property is located at & Moccasin Northern Blvd Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $348,480.
    What are key features of this property?
    This property features: $348,480 asking price.; 1-acre commercial land parcel.; C-1 zoning.
    Request Owner's contact information
    & Moccasin Northern Blvd Rio Rancho, NM 87124
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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
    & Moccasin Northern Blvd Rio Rancho, NM 87124
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