Hwy 528 & Idalia Rd Rio Rancho, NM 87004
- Land
- 66.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Hwy 528 & Idalia Rd
- Lot size
- 66.00 lot acres
- Property type
- Land
Description
This exceptional 66-acre residential land development opportunity in Bernalillo, New Mexico, presents 124 platted lots ready for immediate development. Located at the intersection of Hwy 528 and Idalia Rd, this prime infill site boasts breathtaking views of the Rio Grande and Sandia Mountains. The property is zoned R-1 and R-R by the Town of Bernalillo, allowing for a variety of residential construction options. Existing infrastructure, including water, sewer, electricity, and natural gas, is conveniently located nearby, simplifying the development process and reducing upfront costs. The location offers unparalleled convenience, with easy access to NM Hwy 528 and US Hwy 550, providing quick commutes to major thoroughfares. Residents will enjoy proximity to a wide array of amenities, including national chain grocery stores, retail shops, restaurants, and recreational facilities. This is a rare opportunity to acquire a substantial, well-located residential development site in a rapidly growing area, offering significant potential for substantial returns. The asking price for this remarkable property is $6,900,000. Don't miss this chance to capitalize on this exceptional investment.
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
- -106.592
- Latitude
- 35.2991
