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    OFF-MARKET
    Land

    808 Pinehurst Rd, Rio Rancho, NM 87124

    0.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.77 ac (33,541 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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