Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30656463
Property Subtypes: Hospitality, Multi-Family, Retail, Self Storage, Other
Gross Land Area: 0.59 - 1.85 Acres
Sale Price: $750,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2022

Overview / Comments

> Prime multifamily and hospitality redevelopment opportunity
> Located along Rio Rancho’s main arterial HWY 528
> Across the street from Intel with over 1,800 employees
> Adjacent to Haynes Community Center & Park providing such amenities as:
- Haynes Swimming Pool
- Rosko field (multipurpose)
- 2 lighted tennis courts
- 3 full-court-basketball courts
- Outdoor restrooms
- Pavilion and picnicking/BBQ facilities
- Youth and adult sports programs
> Excellent demographic profile
> Major regional shopping area and Cottonwood Mall in close proximity

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Tax ID/APN: R023935
Zoning: R-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,379 84,669 163,255
Median Age: 42.62 38.68 38.04
Households: 2,890 33,219 63,158


Photograph of Listing Agent

Robert H Feinberg

Colliers CARNM CIE Member
Photograph of Listing Agent

Thomas S Jones, CCIM

Colliers CARNM CIE Member
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