For Sale
$525,334

11Th AveRio Rancho, NM 87124

Prime Development Site, 2 Acres

Overview

Added:
Dec 11, 2024
Days on market:
122
This exceptional 2.01-acre development site in Rio Rancho, New Mexico, presents a unique investment opportunity. Located at the intersection of Golf Course Rd SE and 11th Ave SE, this property boasts unparalleled access and visibility. Zoned NC, it's ideally suited for office or retail development. The land is currently divided into multiple parcels, offering flexibility for various project scales. Situated adjacent to the Cabezon master-planned community, with its 11 neighborhoods and over 2,600 planned homes, this location ensures a strong residential base for any commercial venture. Furthermore, the property benefits from its proximity to Southern Blvd, Rio Rancho's main east-west artery, currently undergoing significant improvements. Utilities are readily available on Golf Course Rd SE and 29th Street SE. The strategic location, combined with the ongoing infrastructure enhancements to Southern Blvd (scheduled completion September 2019), promises exceptional growth potential and high return on investment. This is a rare chance to acquire a prime development site in a rapidly expanding area of Rio Rancho, offering significant advantages for developers seeking high-impact projects. The asking price is $525,334. The property's zip code is 87124, and it's located in Sandoval County.

Property Details for 0 11Th Ave

Property type
Land
Lot Size (sq. ft)
87,556 SF

Location Insight

City
Rio Rancho
County
Sandoval
State
New Mexico
Latitude
35.2391197
Longitude
-106.6771337
11Th Ave, Rio Rancho, New Mexico

FAQs

What type of property is this?
Land - Prime Development Site, 2 Acres
Where is the land located?
The property is located at 11Th Ave Rio Rancho, NM.
What is the asking price?
The asking price for this property is $525,334.
How can I contact the broker?
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0 11Th Ave
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