Corner Lot in Rio
For Sale
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SWC Broadmoor & Fruta, Rio Rancho, NM 87124
Commercially zoned land in a high-growth residential corridor.
Property SizeContact for details
Days on Market1051
Property Features for SWC Broadmoor & Fruta
General Information
Standard status
Active
Property subtype
Land
Zoning
C-1
Listing Agency:
Colliers - Albuquerque, New Mexico
(505) 238-7707
Listed By:
Bob Feinberg · License #NM 9916
Source:
Crexi
Added: Sep 28, 2023
Changed: Aug 10
Last Checked: Aug 12 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Albuquerque, New Mexico
Investment Insights
Based on property information with market context.
Located at the signalized hard corner of Broadmoor Boulevard and Loma Colorado Boulevard, this commercially zoned property is situated in the heart of Rio Rancho. The lot line has been adjusted, allowing for construction on the entire lot. Access is available at the signal, providing a signalized full intersection on Broadmoor and Loma Colorado, a right-in/right-out on Broadmoor, and full access on Fruta Road. The property benefits from excellent visibility from both Broadmoor Boulevard and Fruta Road, with unobstructed views to the South. Rio Rancho is the third largest and one of the fastest-growing cities in New Mexico. The location is within a major residential growth corridor, with over 4,489 new homes being added. The property is adjacent to Rio Rancho High School, which has over 2,500 students, and is four blocks from Eagle Ridge Middle School and Ernest Stapleton Elementary. All utilities are on-site, except for sewer, which is located in the arroyo and can be tapped there. Intel Rio Rancho is undergoing a $3.5 billion expansion, which will create 700 high-tech jobs and 1,000 construction jobs.
Key Highlights
- Signalized hard corner location at Broadmoor Blvd and Loma Colorado Blvd, providing excellent accessibility and visibility.
- Commercially zoned property in the heart of Rio Rancho, offering significant development potential.
- Located in a major residential growth corridor with over 4,489 new homes being added, indicating strong market demand.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
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Business Placement
Demographics for 87124, NM
59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned land in a high-growth residential corridor.
Where is this commercial land located?
The property is located at SWC Broadmoor & Fruta Rio Rancho, NM.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Signalized hard corner location at Broadmoor Blvd and Loma Colorado Blvd, providing excellent accessibility and visibility.; Commercially zoned property in the heart of Rio Rancho, offering significant development potential.; Located in a major residential growth corridor with over 4,489 new homes being added, indicating strong market demand.
