304 And Golf Crse Rd Rio Communities, NM 87002
This exceptional ±10.11-acre (including common-area roadways) property in Rio Communities, New Mexico, presents a unique development opportunity. The land is comprised of 81 individually platted lots, each ranging from approximately 0.1 to 0.14 acres, ready for immediate residential construction. Its strategic location directly adjacent to the Tierra del Sol Country Club offers unparalleled appeal. Utilities including power, water, sewer, and gas are readily accessible nearby. Enjoy convenient access to major transportation arteries, with Interstate 25 just 10 minutes away, Los Lunas 20 minutes away, and Albuquerque within a 30-minute drive. Families will appreciate the proximity to excellent schools, including La Merced Elementary School (2.5 miles), Belen Middle School (3.5 miles), and Belen High School (4.5 miles). The property is zoned S-R, making it ideal for residential development. This is a rare chance to acquire a fully platted, ready-to-build residential land parcel in a desirable New Mexico community. The asking price is $380,000. The address is highway 304 and Golf Course Road, Rio Communities, NM 87002.
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.
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Risks
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