Broadmoor Blvd Rio Rancho, NM 87144
- Warehouses
- 4.50 lot acres
Current Use by Public Records
- Warehouses
Property Details for 0 Broadmoor Blvd
- Lot size
- 4.50 lot acres
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional 4.5-acre warehouse property, located at Broadmoor Blvd NE in Rio Rancho, New Mexico, presents a unique investment opportunity. Currently zoned O-1, this site offers significant potential for redevelopment. The asking price is $980,000. The property's strategic location within a rapidly expanding area of Rio Rancho makes it ideal for a variety of uses. Given the current zoning, and the possibility of rezoning to C-1 or SU, developers could explore options including office spaces, retail establishments, multi-family residential units, or storage facilities. The expansive lot size provides ample room for substantial development projects. Owner financing is a possibility, requiring a minimum 20% down payment. This property is situated in Sandoval County, New Mexico, with the zip code 87144. The coordinates are 35.2868187 latitude and -106.6769885 longitude. This is a rare chance to acquire a prime piece of land in a thriving market, poised for significant growth and return on investment. Don't miss this opportunity to secure a valuable asset in a high-demand location.
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
- -106.677
- Latitude
- 35.2868
