Retail Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30365185
Property Subtypes: Retail
Gross Land Area: 3 Acres
Sale Price: $914,500
Unit Price: $304,833 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/24/2021

Overview / Comments

> Well located development opportunity in mature trade area
> Prominent Highway 528 frontage and access
> Excellent traffic counts in excess of 27,500 vehicles per day
> Utilities in close proximity to property line
> Rio Rancho:
- The 3rd largest city in New Mexico
- The fastest growing community in the state
- 2017 Best Place to Live in New Mexico (MONEY’s Best Places to Live in Every State)
- Has been recognized as one of “America’s 50 Best Cities to Live” citing exceptional public schools and well below national average crime rates (24/7 Wall Street)

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Tax ID/APN: R154899

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,336 44,794 129,299
Median Age: 42.88 43.49 38.17
Households: 2,444 17,754 48,617


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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