Residential Land for Sale in Rio Rancho, New Mexico

1.96 acres oversized lot for sale in Rio Rancho, NM sitting 1.25 miles from Castellion's new Hypersonic Missile Engine Manufacturing Facility that was announced at the end of 2025. And it's ½ mile N of the $16-Million, 86 Acre Sandoval County Solar Energy Center Project by PNM! It's within an hour of Santa Fe, about 31 miles NW of Albuquerque International Sunport Airport and 12.5 miles NW of Intel, one of the largest semiconductor fabrication plants in the world. An investment opportunity in the fastest growing city in NM!

It is an interesting V shaped lot at the corner of Espejo Road NW and 38th St NW, just one block east of Encino Rd NW. Encino Rd is the main drag thru this part of the city so there is great access to the property.