0 Nwc Northern Blvd. & Edinburgh St, Rio Rancho, NM 87124
This exceptional 1.41-acre commercial land parcel presents a unique investment opportunity in Rio Rancho, New Mexico. Located at the Northwest corner of Northern Boulevard and Edinburgh Street NE, this property boasts a highly desirable C-1 zoning, ideal for a variety of retail uses. Its strategic location offers excellent visibility and accessibility, enhanced by its unique size and shape which allows for convenient access for large users. The site is conveniently situated near Unser Boulevard, a major thoroughfare, ensuring high traffic volume and exposure. Furthermore, its proximity to Stapleton Elementary, Eagle Ridge Middle School, and Rio Rancho High School provides a strong demographic draw for businesses catering to families. All utilities are readily available on-site, simplifying development and reducing upfront costs. The asking price for this prime commercial land is $552,780. This property is situated in Sandoval County, with an Albuquerque mailing address and zip code 87124. The coordinates are 35.2743579 latitude and -106.6826052 longitude. Don't miss this chance to acquire a highly visible and strategically located commercial lot in a thriving New Mexico community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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