3508 Northern Blvd Rio Rancho, NM 87124
- Land
- 1.83 lot acres
Current Use by Public Records
- Land
Property Details for 3508 Northern Blvd
- Lot size
- 1.83 lot acres
- Property type
- Land
Description
This exceptional 1.83-acre commercial land parcel presents a prime investment opportunity in Rio Rancho, New Mexico. Located at 3508 Northern Blvd NE, this pad site boasts unparalleled visibility from a major thoroughfare, ensuring high traffic exposure for any future development. The property is strategically situated near prominent retailers like Lowe's, providing immediate access to a substantial customer base. Its proximity to the Rio Rancho City Center further enhances its desirability, placing it within a thriving commercial hub. The surrounding area is experiencing significant growth, with ongoing development plans encompassing retail spaces, multi-family residential projects, new housing, and employment opportunities. This translates to a robust and expanding market, promising strong returns on investment. The asking price for this exceptional property is $300,000. The land is zoned for commercial use and offers significant potential for a variety of businesses. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly developing area of Rio Rancho. The property's size and location make it ideal for a variety of commercial uses, offering significant potential for future growth and profitability. Don't miss this chance to secure a piece of Rio Rancho's burgeoning commercial landscape. The property is situated in Sandoval County, New Mexico, with a zip code of 87124.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rio Rancho
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.747
- Latitude
- 35.3645
