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    6Th St Rio Rancho, NM 87124

    Sponsored
    For Sale
    $88,000

    Build Your Dream Home in Rio Rancho

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.5-acre residential lot, located in the desirable Rio Rancho Estates, presents a unique opportunity to build your custom home. Zoned R-1, this parcel offers ample space for your dream project. The land is priced at $4 per square foot, totaling $88,000. The property's APN is 1010069040506 and is situated on 6th St NE, Rio Rancho, NM 87124, in Sandoval County. Its convenient location offers easy access to major thoroughfares like Unser, Northern, and Southern Boulevards, boasting high daily vehicle counts (Unser: 54,300 VPD

    Property Features for 0 6Th St

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • 0.5‑acre lot in desirable Rio Rancho Estates.
    • High traffic counts: 54,300 VPD on Unser Blvd.
    • High traffic counts: 15,600 VPD on Northern Blvd.
    • High traffic counts: 27,200 VPD on Southern Blvd.
    • Proximity to major retailers including Walmart, Target, Starbucks, Lowe's, and Chick‑fil‑A (within 5 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.72480009768
    Latitude
    35.260332806318

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    FAQs

    What type of property is this?
    Land - Build Your Dream Home in Rio Rancho
    Where is this land located?
    The property is located at 6Th St Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $88,000.
    What are key features of this property?
    This property features: 0.5-acre lot in desirable Rio Rancho Estates.; High traffic counts: 54,300 VPD on Unser Blvd.; High traffic counts: 15,600 VPD on Northern Blvd.
    Request Owner's contact information
    6Th St 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
    6Th St Rio Rancho, NM 87124
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