Catylist ID: #30730668
Multifamily Land Opportunity
Vacant Land for Sale
|Catylist Listing ID:||30730668|
|Gross Land Area:||2.20 - 12.20 Acres|
|Sale Price:||$750,000 - 3,800,000|
|Land Splits Available:||Yes|
|Sale Terms:||Cash to Seller|
Overview / Comments
12.226± acres zoned - R-6 up to 320 units* (10± acres) and SU for Townhouse up to 34 units (2.2± acres).
(10± acres $3,050,000 or $7.00±/sf and 2.2± acres $750,000 or $7.83±/sf)
• La Plazuela Master Planned Development.
• Apartment market at high occupancy.
• Great school district – Rio Rancho Public Schools.
• Near walking/biking trails & paths.
• Ready for development.
• Significant shortage of housing options.
• Located one mile south of major commercial development (Bank of America Call Center, Safelite Call Center, Albertsons, Wal-Mart, Defined Fitness, TJ Maxx, Michaels, Ross, and more.
Currently platted as one parcel, City will require replat as described. * R-6 zoning subject to certain requirements, see broker for more details.
Attachments & Media
|Zoning:||R-6 AND SU TOWNHOUSE|
|Proximity:||1 mile||3 miles||5 miles|
Jacob VosburghMetro Commercial Realty, Inc. CARNM CIE Member
John W DavidsonMetro Commercial Realty, Inc. CARNM CIE Member
|© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|