Vacant Land Lots for Sale Zoned Neighborhood Commercial

Vacant Land for Sale
Catylist Listing ID: 30710236
Property Subtypes: Office, Self Storage, Other
Gross Land Area: 0.33 - 0.50 Acres
Sale Price: $1.34 - 3.75 PSF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/22/2021

Overview / Comments

We have numerous 1/3 acre and 1/2 acre lots available near the intersection of Idalia Road and Loma Colorado (see map). This intersection has seen an increase in traffic counts and it is currently signalized - but the City of Rio Rancho will soon construct the intersection into a Roundabout. The lots are very near Rio Rancho Middle School and booming residential developments to the north. Lowes and a filling station are located to the south and the City Landfill is located to the west of the properties. The area lends itself to Construction Contractors looking to build a small office and have yard space for a garage and equipment.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Tax ID/APN: R007185
Property Located Between: Idalia Road to the North, Loma Colorado to the east and Northern Blvd to the south
Property Visibility: Excellent
Legal Description: Unit 13, Block J, Lots 18,19,20, 21,22, 35,36,37,38 and 43 Unit 13, Block 90, Lots 16,17 and 18
Largest Nearby Street: Idalia Road or Loma Colorado Blvd
Highway Access: To access to nearest Highway go to east on NM 528 to the Town of Bernalillo to I-25
Airports: Albuquerque International Airport or Double Eagle Airport (small aircraft)
Site Description: There are numerous 1/3 acre lots for sale along Idalia Road and 3 each 1/2 lots located on Tulip Road near Loma Colorado. Many of the 1/3 acre lots are adjacent to one another and could be purchased together to form a larger lot. The 1/2 lots could be purchased in the same manor- grouping together to form a larger lot. These lots could work for a construction contractor looking to build a small office and have yard space a garage and equipment.
Area Description: The area is starting take off. There is Rio Rancho Middle School to the east, booming residential neighborhoods to the north, Lowes to the south and the City Landfill to the west. There are numerous construction type offices with yards to the west.
Lot Frontage: 60' to 300'
Lot Depth: 242'
Zoning Description: NC. (Neighborhood Commercial)
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas
Water Service: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 44,316 92,366
Median Age: 39.93 38.46
Households: 17,074 34,346
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