0 32Nd St Rio Rancho, NM 87144
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.
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
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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.