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    Sec Paseo Del Volcan & Chayote Rd Rio Rancho, NM 87144

    For Sale
    $309,276

    1.42 Acres, High-Traffic Location, $5/SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.42-acre commercial/industrial land parcel presents a remarkable investment opportunity in Rio Rancho, New Mexico's desirable Enchanted Hills area. Located at the intersection of Paseo Del Volcan and Chayote Road, this property boasts unparalleled visibility and accessibility, benefiting from a strong daily traffic count of 10,900 vehicles. Zoned C1, the land is ideally suited for a variety of commercial uses, including neighborhood retail establishments, medical offices, or fast-food restaurants. The asking price is $309,276, translating to a land value of $5 per square foot. This prime location offers significant potential for growth and return on investment. The property's strategic positioning within the thriving Enchanted Hills community ensures high visibility and convenient access for potential customers and employees. Sandoval County's robust economy and growing population make this a particularly attractive investment prospect. Don't miss this chance to acquire a highly visible and versatile commercial land parcel in a rapidly developing area. The property is situated in Rio Rancho, NM, zip code 87144. Coordinates are 35.3089332 latitude and -106.6865463 longitude.

    Property Features for 0 Sec Paseo Del Volcan & Chayote Rd

    General Information

    Property type
    Land
    Lot Size
    61,855 SF

    HighLights

    • 1.42‑acre commercial/industrial land parcel in Rio Rancho, NM's Enchanted Hills.
    • High visibility at Paseo Del Volcan and Chayote Road intersection.
    • Strong daily traffic count of 10,900 vehicles.
    • C1 zoning suitable for retail, medical, or fast food uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6865463
    Latitude
    35.3089332

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    FAQs

    What type of property is this?
    Land - 1.42 Acres, High-Traffic Location, $5/SF
    Where is this land located?
    The property is located at Sec Paseo Del Volcan & Chayote Rd Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $309,276.
    What are key features of this property?
    This property features: 1.42-acre commercial/industrial land parcel in Rio Rancho, NM's Enchanted Hills.; High visibility at Paseo Del Volcan and Chayote Road intersection.; Strong daily traffic count of 10,900 vehicles.
    Request Owner's contact information
    Sec Paseo Del Volcan & Chayote 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
    Sec Paseo Del Volcan & Chayote Rd Rio Rancho, NM 87144
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