0 Nec Westside Blvd. & Wellspring Ave, Rio Rancho, NM 87124
This exceptional 1.33-acre commercial land parcel, located at the northeast corner of Westside Boulevard and Wellspring Avenue SE in Rio Rancho, New Mexico, presents a unique investment opportunity. Priced at $1,088,595, this C-1 zoned property boasts a land value of $18.76 per square foot. The site benefits from excellent visibility and accessibility, situated at a signalized intersection on Westside Boulevard. All utilities are conveniently located on-site. This prime location is surrounded by thriving residential communities and significant infill development, ensuring strong future growth potential. The property's strategic position within "the Unser Gateway," Rio Rancho's fastest-growing medical and retail trade area, offers unparalleled access to a large and expanding customer base. Nearby key amenities include a new rehabilitation hospital, an award-winning "Park Above" recreation center, and Presbyterian Rust Medical Center, Rio Rancho's largest medical facility. This property is perfectly positioned to capitalize on the high demand for retail and medical services in this rapidly developing area. The APN is R184438 and the zip code is 87124. This is a rare opportunity to acquire a highly desirable commercial lot in a booming 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
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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.