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Property profile & analytics
OFF-MARKET
Land

0 32Nd St Rio Rancho, NM 87144

2.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.8-acre parcel of land presents a compelling investment opportunity in Rio Rancho, New Mexico. Located at the northeast quadrant of Northern Boulevard and 32nd Street, this property boasts an M1 zoning designation, ideal for a variety of industrial uses. The asking price is $335,000. This prime location offers excellent accessibility and visibility, making it an attractive site for businesses seeking a strategic presence in a growing area. The lot's size provides ample space for development, allowing for flexibility in design and construction. City utilities are conveniently located nearby, simplifying infrastructure connections and reducing development costs. This is a rare opportunity to acquire a sizable industrial lot in a desirable location with established infrastructure, making it an excellent choice for investors and developers alike. The property's address is 32nd Street, Rio Rancho, NM 87144. The precise coordinates are latitude 35.27444203390911 and longitude -106.6730088931058.

Property profile
Verified
Property type Land
Lot 2.8 ac (121,968 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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