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    Unser Blvd Rio Rancho, NM 87124

    For Sale
    $925,000

    Prime Retail Lot, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.4-acre commercial land parcel in Rio Rancho, New Mexico, presents a remarkable investment opportunity. Located at the hard corner of Unser Blvd SE and 5th St, this C-1 zoned property boasts unparalleled visibility and accessibility, with nearly 124,000 cars passing daily. Its strategic position, just half a mile from a high-performing Walmart, places it within a thriving retail corridor surrounded by existing residential areas and experiencing significant future growth. The average household income within a 5-mile radius is nearly $78,000, indicating strong consumer spending power. The lot offers multiple full-access points and all utilities are available on-site. The C-1 zoning permits a wide range of uses, including drive-thru restaurants and convenience stores, making it ideal for a variety of neighborhood retail services. This signalized intersection provides excellent visibility and convenient access for customers. The land is priced at $8.85 per square foot, representing a compelling value in this rapidly developing area of Sandoval County, zip code 87124. Don't miss this chance to secure a prime location for your next retail venture.

    Property Features for 0 Unser Blvd

    General Information

    Property type
    Land
    Lot Size
    104,544 SF

    HighLights

    • $925,000 asking price for 2.4 acres of C‑1 zoned commercial land.
    • Located 0.5 miles from a high‑performing Walmart at a major Rio Rancho intersection.
    • Surrounded by existing residential, with further development planned.
    • Drive‑thru permitted.
    • High visibility on Unser Blvd. with approximately 24,000 cars per day.
    • Signalized hard corner with multiple full‑access points.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.69711061475
    Latitude
    35.250431597226

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    FAQs

    What type of property is this?
    Land - Prime Retail Lot, High Traffic Area
    Where is this land located?
    The property is located at Unser Blvd Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: $925,000 asking price for 2.4 acres of C-1 zoned commercial land.; Located 0.5 miles from a high-performing Walmart at a major Rio Rancho intersection.; Surrounded by existing residential, with further development planned.
    (505) 878-0001
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    Unser 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
    Unser Blvd Rio Rancho, NM 87124
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