0 Neq Hwy 528 & Corrales Rd Rio Rancho, NM 87144
This exceptional 2.41-acre retail land parcel in Rio Rancho, New Mexico, presents a unique investment opportunity. Located at the intersection of NEQ Hwy 528 and Corrales Rd. NE (zip code 87144), this single-tenant site boasts unparalleled visibility and accessibility. With approximately 30,000 vehicles passing daily on Hwy 528, this location ensures high traffic exposure for any business. The property is zoned SU and is build-ready, eliminating lengthy development delays. Drive-thru options are permitted, adding to the site's versatility and appeal. Direct access from both directions of Hwy 528 provides convenient ingress and egress for customers. The slightly above-grade site allows for a prominent building presentation, maximizing visibility and brand recognition. This property is situated in a rapidly growing area with significant underserved market potential, making it an ideal location for a variety of retail businesses. The location offers a strong foundation for immediate development and long-term success. This is a rare opportunity to acquire a prime retail site in a thriving New Mexico market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.