Current Use by Public Records
- Land
Property Details for 0 Loop Rd
- Lot size
- 18.50 lot acres
- Property type
- Land
Description
This exceptional 18.5-acre commercial land parcel presents a remarkable investment opportunity in Rio Rancho, New Mexico. Strategically located at the high-traffic intersection of NM-550 and Northwest Loop Road, this C-1 zoned property boasts unparalleled accessibility. Situated in Rio Rancho's rapidly expanding northwest quadrant, the land benefits from its proximity to fully developed residential communities like Mariposa and Mountainhawk Estates, ensuring a robust and growing customer base. The site's convenient access to both I-25 via NM-550 and I-40 via Northwest Loop Road makes it ideal for a variety of commercial uses, including industrial and manufacturing facilities. The asking price is $4,835,160, translating to a land value of $6 per square foot. Furthermore, the property's location offers significant advantages, with easy access to major amenities such as Rio Rancho City Hall, UNM Sandoval Regional Medical Center, the Santa Ana Star Event Center, and the Hyatt Tamaya Resort, all within minutes. Public incentives are available to help offset infrastructure and construction costs, making this an even more attractive proposition for developers. This prime location and the potential for significant returns make this a truly exceptional investment opportunity.
Value Estimations
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AI approach
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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
- -106.635
- Latitude
- 35.3714
