808 Pinehurst Rd, Rio Rancho, NM 87124
This exceptional 0.77-acre commercial land parcel, located at 808 Pinehurst Rd SE in Rio Rancho, New Mexico, presents a unique investment opportunity. Situated in a high-traffic area of Sandoval County (zip code 87124), the property boasts approved plans for a brewery and taproom, offering immediate development potential. The site enjoys exceptional visibility on Southern Boulevard, a major thoroughfare with a daily traffic count of 51,200 vehicles. This prime location is strategically positioned just north of Intel, benefiting from the area's robust economic activity and dense residential population. While the approved brewery plans offer a compelling starting point, the SU zoning allows for flexibility, potentially accommodating a medical or professional office. The property's proximity to major transportation arteries, including less than 20 minutes to I-40 and under 15 minutes to I-25, enhances its accessibility and appeal. This is a rare chance to acquire a ready-to-develop site in a thriving New Mexico community. The asking price is $465,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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