528 & Nm 550 Bernalillo, NM 87004
This fee simple property, located in Rio Rancho, New Mexico's Commerce Center at Enchanted Hills, offers 13.865 acres of prime commercial land zoned C-1. Situated at the intersection of Highways 528 and 550 (60,795 vehicles per day), this location boasts exceptional visibility and accessibility. The property is directly across from a Tesla showroom and dealership, and enjoys proximity to Santa Ana Casino and the Hyatt Tamaya Resort. This rapidly developing area is part of New Mexico's fastest-growing retail corridor, serving an underserved trade area with a population exceeding 120,000 and a strong daytime population fueled by continued job growth. Significant residential growth, with over 2,000 new homes built within the last three years, further enhances the property's value. The land is fully improved and ready for development, presenting a unique opportunity for investors seeking high-growth potential in a thriving New Mexico market. Land value is priced between $13 and $24 per square foot. The property is located in Sandoval County, New Mexico, zip code 87004.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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.