0 Sec Paseo Del Volcan & Chayote Rd Rio Rancho, NM 87144
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.