Sec Enchanted Hl Blvd & Stanley Dr Rio Rancho, NM 87144
- Land
- 1.03 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sec Enchanted Hl Blvd & Stanley Dr
- Lot size
- 1.03 lot acres
- Property type
- Land
Description
This exceptional 1.03-acre commercial land parcel presents a prime development opportunity in Rio Rancho, New Mexico. Located at the intersection of Enchanted Hills Boulevard and Stanley Drive NE, this SU-zoned property boasts unparalleled visibility and accessibility. The asking price is $449,452, translating to a land value of $10 per square foot. City utilities are readily available at the street, simplifying infrastructure development. The site's strategic location benefits from high traffic volume, with 14,500 vehicles passing daily on Enchanted Hills Boulevard. This makes it ideal for a wide range of commercial ventures, including retail, showroom, office, or medical facilities. The property's strong location is further enhanced by its proximity to established businesses such as Insight Lighting, Home Depot, Safelite, Bank of America, Walgreens, Wal-Mart, Century Bank, and Presbyterian. This vibrant commercial environment offers significant potential for synergy and increased customer traffic. The property's size and zoning regulations provide considerable flexibility for developers seeking to capitalize on this exceptional location in a rapidly growing area. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving New Mexico market. The property is situated in Sandoval County, with a zip code of 87144.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rio Rancho
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.581
- Latitude
- 35.3259
