Catylist ID:
#29966695
Infill Site with High Density Residential Zoning
Vacant Land
for Sale
| Catylist Listing ID: | 29966695 |
| Property Subtypes: | Multi-Family, Office, Other |
| Gross Land Area: | 13.42 Acres |
| Sale Price: | $6.50 PSF |
| Total Price: | $3,799,738 |
| Sale Terms: | Cash to Seller |
| Last Updated: | 7/20/2020 |
Overview / Comments
|
Allowable densities up to 35 DU/Acre and heights up to 50’ ½ mile from Walmart Supercenter at Southern and Unser Site ready for development Elevation allows dramatic views of Sandia mountain Rio Rancho is underserved in apartments by between 2,000 and 4,000 Units Average household income is $78,000 within a 5 mile radius of the site Average home value is $287,000 within 5 miles driving apartment demand 2 miles north of Rust Presbyterian Hospital Wet utilities on 19th St. |
Attachments & Media
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Sandoval |
| Submarket/Township: | Rio Rancho |
| Tax ID/APN: | 1011069306257 |
| Zoning: | SU-R-3 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 11,170 | 53,973 | 133,286 |
| Median Age: | 36.82 | 37.07 | 36.58 |
| Households: | 4,019 | 19,944 | 49,938 |
Contact
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