Sec Camino Venada & Lincoln Ave Rio Rancho, NM 87144
- Retail properties
- 2.97 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Sec Camino Venada & Lincoln Ave
- Lot size
- 2.97 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 2.97-acre commercial land parcel presents a remarkable investment opportunity in the desirable Enchanted Hills area of Rio Rancho, New Mexico. Located at the southeast corner of Camino Venada and Lincoln Avenue, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any commercial venture. The land is zoned C1, offering a wide range of development possibilities, including office, industrial, retail, hotel, multifamily, commercial-specialty, and residential uses. With a total asking price of $517,492, this translates to a land value of $4 per square foot. The property's strategic location provides convenient access to the vibrant heart of Rio Rancho and Bernalillo, placing your business within easy reach of a substantial customer base. This prime location offers significant potential for growth and return on investment. The expansive lot size allows for considerable flexibility in development plans, catering to a variety of commercial needs. Don't miss this chance to acquire a highly visible and versatile commercial property in a thriving New Mexico community. The property is situated in Sandoval County, New Mexico, with a zip code of 87144.
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
- -106.584
- Latitude
- 35.3199
