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    Neq Unser Blvd. & Northern Blvd Rio Rancho, NM 87124

    Sponsored
    For Lease
    Contact for pricing

    1.67 Acres, C-1 Zoning, Prime Location

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.67-acre commercial land parcel presents a unique investment opportunity in the thriving Rio Rancho, New Mexico market. Located at the intersection of Unser Boulevard and Northern Boulevard, this property boasts a highly visible and accessible location with excellent exposure to significant traffic volume. The site is zoned C-1, allowing for a wide range of commercial development possibilities, making it ideal for businesses seeking a strategic foothold in a rapidly growing area. The single-tenant designation offers flexibility for development tailored to a specific business need or the potential for future expansion. With a total building square footage currently listed as 1 square foot, this signifies the land's potential for new construction. Situated in Sandoval County, the property benefits from the area's robust infrastructure and convenient access to major transportation arteries. This prime location offers unparalleled visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. The 87124 zip code further underscores the property's strategic position within a dynamic and expanding commercial sector. This is a rare opportunity to acquire a significant commercial land parcel in a high-demand area. The expansive lot size provides ample space for development, catering to a wide range of commercial uses. Don't miss this chance to secure a prime piece of Rio Rancho real estate.

    Property Features for 0 Neq Unser Blvd. & Northern Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1 SF

    HighLights

    • 1.67‑acre commercial lot in Rio Rancho, NM, at Unser & Northern Boulevards.
    • C‑1 zoning allows for diverse commercial development.
    • High visibility and accessibility with significant traffic volume.
    • Located across from a new funeral home, near two retailers under contract and a major big‑box retailer planning a 2015 opening.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6967466
    Latitude
    35.2744799

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    FAQs

    What type of property is this?
    Land - 1.67 Acres, C-1 Zoning, Prime Location
    Where is this land located?
    The property is located at Neq Unser Blvd. & Northern Blvd Rio Rancho, NM.
    What are key features of this property?
    This property features: 1.67-acre commercial lot in Rio Rancho, NM, at Unser & Northern Boulevards.; C-1 zoning allows for diverse commercial development.; High visibility and accessibility with significant traffic volume.
    Request Owner's contact information
    Neq Unser Blvd. & Northern Blvd Rio Rancho, NM 87124
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    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
    Neq Unser Blvd. & Northern Blvd Rio Rancho, NM 87124
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