1009 Melon Rdg Loop Rio Rancho, NM 87144
- Land
Current Use by Public Records
- Land
Property Details for 1009 Melon Rdg Loop
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 0.97-acre parcel, located at 1009 Melon Ridge Loop NE in Rio Rancho, New Mexico, presents a compelling investment opportunity. Zoned C-1 commercial, this property sits within a rapidly expanding area of Sandoval County, known for its robust economic growth. The land itself offers significant potential for various commercial developments, benefiting from its strategic position in a major growth corridor. The site is ready for immediate development, boasting readily available water, sewer, and storm drain services directly accessible from the street. This eliminates significant upfront infrastructure costs and streamlines the development process, making it an attractive proposition for developers and investors alike. The asking price is $209,900. The property's address is 1009 Melon Ridge Loop NE, Rio Rancho, NM 87144. This location offers easy access to key transportation routes and amenities, further enhancing its appeal. The absence of existing structures allows for complete design flexibility, catering to a wide range of commercial projects. This is a rare opportunity to acquire a well-situated, commercially zoned lot in one of New Mexico's fastest-growing cities. Don't miss this chance to capitalize on the burgeoning commercial landscape of Rio Rancho.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rio Rancho
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.686
- Latitude
- 35.2754
