528 & Nm 550Bernalillo, NM 87004

For Sale
Call for price

Rio Rancho, NM commercial land for sale.

Overview

Added:
Dec 11, 2024
Days on market:
92
This fee simple property, located in Rio Rancho, New Mexico's Commerce Center at Enchanted Hills, offers 13.865 acres of prime commercial land zoned C-1. Situated at the intersection of Highways 528 and 550 (60,795 vehicles per day), this location boasts exceptional visibility and accessibility. The property is directly across from a Tesla showroom and dealership, and enjoys proximity to Santa Ana Casino and the Hyatt Tamaya Resort. This rapidly developing area is part of New Mexico's fastest-growing retail corridor, serving an underserved trade area with a population exceeding 120,000 and a strong daytime population fueled by continued job growth. Significant residential growth, with over 2,000 new homes built within the last three years, further enhances the property's value. The land is fully improved and ready for development, presenting a unique opportunity for investors seeking high-growth potential in a thriving New Mexico market. Land value is priced between $13 and $24 per square foot. The property is located in Sandoval County, New Mexico, zip code 87004.

Highlights

  • 13.865-acre fee simple commercial land in Rio Rancho, NM's Commerce Center at Enchanted Hills, zoned C-1.
  • High-traffic location at the intersection of Highways 528 and 550 (60,795 VPD), offering exceptional visibility and accessibility.
  • Prime location across from a Tesla dealership, near Santa Ana Casino and Hyatt Tamaya Resort.
  • Situated in New Mexico's fastest-growing retail corridor, serving a population exceeding 120,000 with strong daytime population and job growth.
  • Fully improved and ready for development, with land value priced between $13 and $24 per square foot.

Property Details for 528 & Nm 550

Property type
Other land, Land
Lot Size (sq. ft)
603,959 SF

Location Insight

City
Bernalillo
County
Sandoval
State
New Mexico
Latitude
35.3304168
Longitude
-106.5712789
528 & Nm 550, Bernalillo, New Mexico

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528 & Nm 550
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