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    Seq Southern Blvd. & Western Hl Dr Rio Rancho, NM 87124

    For Sale
    $431,244

    Prime 0.66-acre lot, high traffic count, ideal for retail/office.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.66-acre commercial land parcel presents a unique investment opportunity in the thriving Rio Rancho, New Mexico market. Boasting a highly visible location at the intersection of Southern Blvd. and Western Hills Dr. SE, this property enjoys exposure to an impressive 22,800 vehicles daily. Its strategic placement offers unparalleled access and visibility for any business. The property is zoned C-1, allowing for a variety of uses including office, financial, medical, or retail establishments. The site benefits from its proximity to major retailers such as Walmart, Raising Cane's, and Chick-fil-A, ensuring high foot traffic and brand recognition. Furthermore, the strong residential density surrounding the area guarantees a substantial customer base. All utilities are conveniently located at the property line, simplifying development and reducing upfront costs. The property's APN is 1-011-068-401-311 and is located in Sandoval County, New Mexico, zip code 87124. This centrally located land parcel in the rapidly growing Rio Rancho presents an exceptional opportunity for investors seeking high visibility and strong potential for return. The asking price is $431,244.

    Property Features for 0 Seq Southern Blvd. & Western Hl Dr

    General Information

    Property type
    Land
    Lot Size
    28,750 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.69027502061
    Latitude
    35.241570058353

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    FAQs

    What type of property is this?
    Land - Prime 0.66-acre lot, high traffic count, ideal for retail/office.
    Where is this land located?
    The property is located at Seq Southern Blvd. & Western Hl Dr Rio Rancho, NM.
    What is the asking price?
    The asking price for this property is $431,244.
    (505) 878-0001
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    Seq Southern Blvd. & Western Hl Dr 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
    Seq Southern Blvd. & Western Hl Dr Rio Rancho, NM 87124
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