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    Property profile & analytics

    King Blvd Rio Rancho, NM 87144

    • Land
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 King Blvd

    Lot size
    0.49 lot acres
    Property type
    Land

    Description

    This exceptional commercial land offering in Rio Rancho, New Mexico, presents a unique investment opportunity. Comprising six acres subdivided into twelve half-acre lots, this property boasts a highly desirable location near the intersection of Unser and King Boulevards. Its proximity to key points of interest, including Hewlett Packard, Rio Rancho City Hall, UNM West, Central New Mexico Community College (CNM), and the Santa Ana Star Center, ensures high visibility and accessibility. Two of the half-acre lots are strategically positioned on the corner of King Boulevard and Lookover Drive, offering exceptional frontage and exposure. The property's infrastructure is further enhanced by existing utilities running through the lot, simplifying development plans. The City of Rio Rancho is currently undertaking a project to widen King Boulevard, promising increased traffic flow and enhanced visibility for future developments on this site. This presents a rare chance to acquire a substantial parcel of commercial land in a thriving New Mexico community, ideally suited for a variety of commercial ventures. The land is zoned for commercial use (verification required by buyer). The total acreage is approximately six acres, comprised of twelve half-acre lots. This property is being offered for sale.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rio Rancho
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.708
    Latitude
    35.315

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    King Blvd
    Rio Rancho, NM 87144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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