1000 21st St SE Rio Rancho, NM 87124
Land available for mixed-use development in Rio Rancho.
Type:Land
- Added:
- Jul 14, 2023
- Days on Market:
- 1021
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 1000 21st St SE
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agent Metro Properties Holding Co LLC & or Assignee/Assign License #NMREC 55077
Listing office Metro Properties
Listing date Jul 14, 2023
Source Crexi
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
Overview
Land for Mixed-Use Development
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.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Rio Rancho
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.668055
- Latitude
- 35.1037553
Nearby Similar for Sale
FAQs
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
