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User Blvd SE & 5th St SE
Rio Rancho, NM 87124
Infill Site with High Density Zoning · Land For Sale · 13.42 AC

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EXECUTIVE SUMMARY

" Allowable densities up to 35 DU/Acre and heights up to 50'
" ½ mile from Walmart Supercenter at Southern and Unser
" Site ready for development
" Elevation allows dramatic views of Sandia mountain
" Rio Rancho is underserved in apartments by between 2,000 and 4,000 Units
" Average household income is $78,000 within a 5 mile radius of the site
" Average home value is $287,000 within 5 miles driving apartment demand
" 2 miles north of Rust Presbyterian Hospital
" Wet utilities on 19th St.
NWQ Unser Blvd., SE & 5th Street SE, Rio Rancho, NM 87124, 2 miles north of Rust Presbyterian Hospital

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Single Family Development
Total Lot Size 13.42 AC
Zoning SU-R3

1 LOT AVAILABLE

Lot

Price $5,226,997 CAD
Price Per AC $389,493.07 CAD
Lot Size 13.42 AC
  • Listing ID: 3947516

  • Date on Market: 2016-04-27

  • Last Updated:

  • Address: User Blvd SE & 5th St SE, Rio Rancho, NM 87124

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