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Property profile & analytics
OFF-MARKET
Land

0 Sec Paseo Del Volcan & Chayote Rd Rio Rancho, NM 87144

1.42 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.42-acre commercial/industrial land parcel presents a remarkable investment opportunity in Rio Rancho, New Mexico's desirable Enchanted Hills area. Located at the intersection of Paseo Del Volcan and Chayote Road, this property boasts unparalleled visibility and accessibility, benefiting from a strong daily traffic count of 10,900 vehicles. Zoned C1, the land is ideally suited for a variety of commercial uses, including neighborhood retail establishments, medical offices, or fast-food restaurants. The asking price is $309,276, translating to a land value of $5 per square foot. This prime location offers significant potential for growth and return on investment. The property's strategic positioning within the thriving Enchanted Hills community ensures high visibility and convenient access for potential customers and employees. Sandoval County's robust economy and growing population make this a particularly attractive investment prospect. Don't miss this chance to acquire a highly visible and versatile commercial land parcel in a rapidly developing area. The property is situated in Rio Rancho, NM, zip code 87144. Coordinates are 35.3089332 latitude and -106.6865463 longitude.

Property profile
Verified
Property type Land
Lot 1.42 ac (61,855 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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