0 Nm-528 Rio Rancho, NM 87144
This exceptional 12.22-acre commercial land parcel presents a compelling development opportunity in Rio Rancho, New Mexico, within the Albuquerque MSA. Situated at the hard corner of NM-528 and Corrales Road, this fee-simple property boasts a highly visible location at the junction of two major thoroughfares, experiencing a combined daily vehicle count exceeding 40,000. The SU-C1 (Special Use/Retail Commercial District) zoning allows for flexible configuration and potential subdivision, catering to diverse development plans. Its strategic positioning offers premier visibility and accessibility, benefiting from strong demographics. Within a 5-mile radius, the area showcases a population exceeding 33,000 and an average household income surpassing $117,000. The property's location is approximately 16 miles north of downtown Albuquerque, providing convenient access to the city's amenities while capitalizing on the area's robust 7.1% population growth since 2020. This high-residual value property represents a significant investment opportunity for developers seeking a prime location with exceptional visibility and strong growth potential. The APN is 1-016-070-175-383. This is a truly unique opportunity to acquire a substantial land holding in a rapidly developing area.
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
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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.