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55th 55Th St Rio Rancho, NM 87124

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 21,780 square foot industrial land parcel is strategically located in Rio Rancho, New Mexico, at 55th Street SW, zip code 87124. Offered at an attractive price of $2,000, this property presents a compelling investment opportunity. The lot's size provides ample space for a variety of industrial uses, making it suitable for developers, builders, or businesses seeking to establish a presence in this dynamic area of Sandoval County. The property is classified as "Industrial, Other," offering flexibility in potential development plans. Given its size and location, this lot is ideal for those seeking a cost-effective entry point into the Rio Rancho industrial real estate market. Its location within Rio Rancho provides easy access to major transportation routes and essential amenities. The property is ready for immediate development, presenting a unique chance to capitalize on the growing industrial sector in this thriving New Mexico community. This is a rare opportunity to acquire a sizable industrial lot at a highly competitive price point. Serious inquiries are encouraged. Coordinates are 35.2416127 latitude and -106.6968553 longitude.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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