1508 Wellspring Ave SE
Rio Rancho, NM 87124
Land For Sale · 1.48 AC

Positioned in the heart of Rio Rancho’s rapidly expanding commercial corridor, this ±1.485-acre parcel at 1508 Wellspring Ave. SE offers a rare opportunity to invest in one of New Mexico’s most dynamic growth markets. Located near the intersection of Westside Blvd. and Unser Blvd., the site benefits from excellent visibility and utility access, making it ideal for a range of commercial developments. The surrounding area is anchored by major institutions including Presbyterian Rust Medical Center, Joe Harris Elementary, and a host of national retailers and restaurants, ensuring strong traffic and community engagement.
Rio Rancho is recognized as the fastest-growing city in New Mexico, with a population exceeding 114,000 and an average household income of $110,047. The city’s proximity to Albuquerque and Santa Fe provides access to a labor pool of over 400,000, while Intel’s $3.5 billion expansion and Rust Medical Center’s planned 1.2 million SF buildout underscore the area’s long-term economic vitality. With over 1,000 new homes in development and limited land availability in neighboring Albuquerque, this site is well-positioned to capture unmet demand in retail, medical, and office sectors.
Whether for owner-user development or long-term investment, this parcel offers a compelling blend of location, demographics, and infrastructure readiness.