428 Unser Blvd SE, Rio Rancho, NM 87124
For Sale
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This exceptional 2.42-acre commercial land parcel, located at 428 Unser Blvd SE in Rio Rancho, New Mexico (APN R047464), presents a unique investment opportunity. Zoned C-1, this property boasts a highly desirable location, situated just half a mile from a top-performing Walmart at a major Rio Rancho intersection. The site benefits from exceptional visibility on Unser Blvd, a high-traffic thoroughfare with approximately 124,000 cars passing daily. A signalized hard corner provides excellent access, complemented by multiple full-access points. All utilities are available on-site. The surrounding area features significant residential development, with an average household income within a 5-mile radius nearing $90,000, indicating strong consumer spending power. The C-1 zoning permits drive-thru establishments, making this an ideal location for a restaurant, convenience store, or other neighborhood retail services. This property offers a rare combination of high visibility, convenient access, and strong demographics, making it an attractive investment for discerning buyers. The lot size is 2.42 acres, providing ample space for development. This is a ready-to-develop site with all the necessary infrastructure in place. Don't miss this chance to secure a prime commercial location in a thriving Rio Rancho community. The asking price is $925,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.