8.5 Acres of Land for Sale in Rio Rancho, New Mexico
Montezuma 17 Lots NE, Rio Rancho, NM 87144
What a package this is for your investors. It is a total of 17 lots or 8.0 acres. 4.0 Acres is zoned C-2 (marked in orange ) 4.0 acres is residential (marked in green). See LO/SO Remarks for the taking that's going to happen to Lot 73. Priced at only $50,000 per acre for all. OWNER/BROKER. Would consider many options. Possibilities are owner financing, splitting up the Commercial from the residential at a different price structure or discount for cash.Water line in Norham (one block north). 5 lots front on Norham. Sewer line at Unser and Farol. (south one block of Montezuma)Topography varies.
Directions
Unser Blvd north of Northern to Montezuma. No street signs. Use navigation. Right turn off Unser. Probably hard to traverse. Can come from the east off Broadmoor also.
Property details
- County
- Sandoval County
- Community
- Rio Rancho Estates
- Elevation
- 5,564 feet
- MLS Number
- SWMLS 1012377
- Date Listed
Property taxes
- Year not provided
- $850
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 6, 2024 | Under contract | $400,000 | — | SWMLS |
Nov 8, 2022 | Price decrease | $400,000 | $25,000 -5.9% | SWMLS |
Apr 12, 2022 | New listing | $425,000 | — | SWMLS |