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Residential Land for Sale in Rio Rancho, New Mexico

618 Rainbow Blvd NE, Rio Rancho, NM 87124

$68,000
0.5 acres
Active sale
ago
Est $480/mo

Discover the potential of this exceptional half-acre lot, ideally situated in a rapidly growing and highly desirable area. Whether you're ready to build your dream home or invest in a promising piece of New Mexico land, this property offers the perfect opportunity.Enjoy the convenience of easy access from a paved road while being just minutes from shopping, dining, and entertainment. The surrounding area continues to develop, making this an excellent choice for both homeowners and investors alike.The seller also owns the adjacent lot at 612 Rainbow Blvd NE and is open to selling the properties individually or together--offering even greater flexibility and potential.Don't miss your chance to secure a beautiful slice of New Mexico with endless possibilities.

Location

Street address
618 Rainbow Blvd NE
Community
Rio Rancho Estates
Elevation
5,782 feet
Coordinates
35.2691, -106.7365

Directions

Take Southern Blvd in Rio Rancho all the way down to Rainbow Blvd and take a right, go up Rainbow about a mile and the land lot is on the right hand side directly across the street from the 7th ave and Rainbow street sign. Use listing address and the GPS map will take you directly to location.

Property details

Lot size
0.5 acres21,780 sq ft
Zoning
R-1
MLS #
SWMLS 1102152
Posted

Property taxes

Recent
$258

Parcels

  • 1009070240305

Details and features

Listing

Type
Land
Franchise
Coldwell Banker Real Estate

Lot

Features
Cleared

Listing history

DateEventPriceChangeSource
Apr 22, 2026New listing$68,000SWMLS
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This 0.5-acre property is located at 618 Rainbow Blvd NE in Rio Rancho, NM 87124. The property is available for sale for $68,000.

Checked 1 hour ago — Updated

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