Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

9999 Irene Rd
Rio Rancho, NM 87124
Land For Sale · 2.98 AC

Investment Highlights

  • Located on Pat D’Arco Highway 528 with direct I-25 access
  • Flexible SU zoning supports retail, office, or multifamily
  • Dense residential base offers strong labor and consumer pool
  • Flat terrain reduces site prep and construction costs
  • Surrounded by Intel, Defined Fitness, and national retailers
  • Clear title and LLC ownership streamline acquisition

Executive Summary

Positioned along the high-traffic Pat D’Arco Highway 528, 9999 Irene Road SE presents a rare infill development opportunity in one of Rio Rancho’s fastest-growing corridors. This ±2.98-acre parcel offers exceptional frontage on both east and west sides of Irene Road and benefits from a mostly flat topography, minimizing site prep costs and accelerating construction timelines. Zoned SU (Special Use), the site supports a wide range of potential uses including retail, office, mixed-use, hospitality, or multifamily residential, with flexibility for rezoning to meet specific project needs.
The property is surrounded by established commercial developments, national retailers, and a dense residential population, creating a strong consumer base and labor pool. Intel’s expanding tech campus nearby adds further momentum to the area’s growth, while proximity to Balloon Fiesta Park offers seasonal traffic and tourism advantages. With utilities readily accessible and a supportive planning environment from the City of Rio Rancho, this site is well-positioned for streamlined acquisition and development.
As one of the last remaining infill parcels in the region, 9999 Irene Road SE combines strategic location, favorable zoning, and competitive pricing to deliver a compelling investment proposition for developers seeking scale, visibility, and long-term value.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 2.98 AC
Zoning SU - Special Use

1 Lot Available

Lot

Price $2,015,891 CAD
Price Per AC $676,473.66 CAD
Lot Size 2.98 AC

Situated on Pau D’Arco Highway 528 with excellent access to I-25 in a fast-growing corridor.

Description

This strategically located Rio Rancho property offers an exceptional opportunity for a wide range of development projects, including retail, office, mixed-use, hotel, or apartments. Situated on the major arterial Pau D’Arco Highway 528 with easy access to I-25 and Paseo del Norte, the parcel benefits from its location in one of the fastest-growing corridors in the region. Its mostly flat terrain minimizes site preparation costs, making it a highly cost-effective build proposal.

Property Taxes

Property Taxes

Parcel Number
1-014-068-040-089
Land Assessment
$227,541 CAD
Improvements Assessment
$0 CAD
Total Assessment
$227,541 CAD
  • Listing ID: 38321884

  • Date on Market: 2025-11-04

  • Last Updated:

  • Address: 9999 Irene Rd, Rio Rancho, NM 87124

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}