Arrowhead 80 acres

Vacant Land for Sale
Catylist Listing ID: 28707390
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail
Gross Land Area: 80.78 Acres
Sale Price: $2,949,000
Unit Price: $36,506 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/29/2018

Overview / Comments

One of the largest single tracts of infill available in Rio Rancho. This parcel is priced to sell. City Council approval of Master plan w/SU zoning approved for Commercial, High density residential and Single family area. See attached document for zoning splits. Only $36,500 per acre. 37,000+/- cars per day traffic count. Water and Sewer available. State will be widening 528 over next few years at their expense. Land has some Topography. Rio Rancho Industrial Park to the North and Retail to the South along with huge population base and Intel just down the street. Call Mike Skolnick 505 239-8833 for survey and topography of property. Sellers open to discussion for possible terms. Would like one developer to take entire parcel.

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Tax ID/APN: 1014069517317
Market Type: Medium
Side of Street: East
Road Type: Paved, Highway
Property Visibility: Excellent
Legal Description: Tract B Arrowhead East. City of Rio Rancho
Largest Nearby Street: Hwy 528
Feet of Frontage: 1,590
Traffic/Vehicle Count: 37,000
Zoning Description: SU for mixed uses
Topography: Hilly
Easements: Electric Lines, Utilities
Available Utilities: Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,524 55,886 132,301
Median Age: 41.83 41.46 37.91
Households: 3,477 21,555 50,216


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