0 Neq Hwy 528 & Corrales Rd Rio Rancho, NM 87144
This exceptional 2.41-acre retail land parcel presents a prime development opportunity in Rio Rancho, New Mexico. Located at the intersection of NEQ Hwy 528 and Corrales Rd. NE, the property boasts unparalleled visibility and accessibility. The SU zoning permits drive-thru facilities, catering to a wide range of retail concepts. With approximately 30,000 vehicles passing daily on Hwy 528, this site guarantees high traffic exposure. The land is build-ready, slightly above grade, ensuring a prominent building presentation. Direct access from both directions of Hwy 528 simplifies ingress and egress for customers. This location sits within a rapidly expanding trade area currently underserved by similar retail offerings, presenting a unique chance to capture significant market share. The property's strategic positioning and build-ready status make it an ideal investment for developers seeking high-impact retail development in a thriving New Mexico market. The zip code is 87144. This is a rare opportunity to acquire a highly visible and accessible retail site in a rapidly growing area.
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.