Land for Mixed-Use
For Sale
Contact for pricing
Pending
1000 21st St SE, Rio Rancho, NM 87124
Land available for mixed-use development in Rio Rancho.
Property SizeContact for details
Days on Market1138
Property Features for 1000 21st St SE
General Information
Standard status
Pending
Property subtype
Land
Zoning
NC
Listing Agency:
Metro Properties
Listed By:
Metro Properties Holding Co LLC & or Assignee/Assign · License #NMREC 55077
Source:
Crexi
Added: Jul 14, 2023
Changed: Aug 24
Last Checked: Aug 24 at 7:14AM
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 Metro Properties
Investment Insights
Based on property information with market context.
This property presents a great investment opportunity with seller financing available for the land. Zoned NC (Neighborhood Commercial), it is suitable for new development. A preliminary meeting with the Rio Rancho Planning Department and related departments was positive, encouraging further progress. The property is envisioned for a multi-income, mixed-use, multi-story development, potentially including 78 higher-quality apartments or condominiums, along with garages, a solar-paneled covered surface parking area, and a rooftop common area. The ground floor could feature a courtyard (pedestrian-only), artisan retail spaces, an eatery, brewery, dry bar, research and development facilities, and generative AI work flex space. The concept aims to create a work, live, shop, and play community. Several projects are underway within a few blocks, indicating a revitalization of Southern Blvd SE. Conceptual design is by FBT Architects.
Key Highlights
- Seller financing available (on land only)
- Zoned nc (neighborhood commercial) for new development
- Favorable initial drc meeting with rio rancho planning department
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,074
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 available for mixed-use development in Rio Rancho.
Where is this commercial land located?
The property is located at 1000 21st St SE Rio Rancho, NM.
What are key features of this property?
This property features: Seller financing available (on land only); Zoned nc (neighborhood commercial) for new development; Favorable initial drc meeting with rio rancho planning department
