Sec Paseo Del Volcan & Chayote Rd Rio Rancho, NM 87144
- Land
- 1.42 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sec Paseo Del Volcan & Chayote Rd
- Lot size
- 1.42 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
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
- -106.687
- Latitude
- 35.3089
