Listing Summary
Acquire approx. 5 acres of development land planned for Village Commercial or High Density Residential use, located near Del Oeste Dr NW in Rio Rancho, New Mexico (Zip Code 87114). Priced at $248,800 (approx. $1.14 per square foot), this site sits within the fast-growing Paradise West trade area adjacent to Ventana Ranch.
Full Description
Positioned just west of Del Oeste NW and adjacent to the expanding Ventana Ranch development in Rio Rancho, NM 87114, this 5-acre land offering presents an ideal opportunity for investors and developers targeting a growing Northwest submarket. Spanning approx. 217,800 square feet, the property is planned for Village Commercial or High Density Residential applications, supporting neighborhood-serving retail, multifamily, or mixed-use concepts.
The location benefits from strong surrounding demographics, including 26,747 occupied households in Ventana Ranch, a 3-mile population of approx. 84,500, and a median household income of approx. $91,800. Utilities are conveniently located just 350 feet away on Ventana Azul Ave NW. The site enjoys frontage near Paseo del Norte Blvd with traffic counts reaching approx. 3,300 vehicles per day, all situated within Bernalillo County (Area 120 - Paradise West, UPC 100806508016430125).
Quick Glance
- Listing ID:
CL-New Mexico-28511
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
5.00 Acr
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