528 And Montoya Rd Rio Rancho, NM 87144
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 528 And Montoya Rd
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional commercial land offering presents 14 vacant lots totaling approximately 16.9 acres (739,164 square feet) in the rapidly expanding Rio Rancho sub-market of Albuquerque, New Mexico. Strategically located at the intersection of State Route 528 and Montoya Road, this property boasts prime visibility and accessibility. The site is zoned M-1, providing flexibility for a variety of commercial developments. All city utilities are readily available, and paved access ensures ease of construction and operation. The property benefits from three signaled intersections, enhancing traffic flow and visibility. This presents a unique opportunity for developers seeking a substantial land parcel in a high-growth area. The seller is open to owner financing and is also willing to consider build-to-suit options, offering a delivered construction price of $2,400,000 or a net-net-net (NNN) lease rate of $14 per square foot per year. The APN is R155680. The property's size ranges from 1 to 12.4 acres, offering various development possibilities. This is an ideal location for businesses seeking high visibility and convenient access in a thriving New Mexico community. The zip code is 87144, and the property is situated in Sandoval County.
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
- -106.569
- Latitude
- 35.3202
