Listing Summary
Acquire approx. 4.41 acres of high-density residential land located at Paseo del Norte Blvd NW in Rio Rancho, New Mexico (Zip Code 87114). Priced at $448,800 (approx. $2.33 per square foot), this expansive development property sits within the desirable Paradise West master plan area just 1.5 miles west of Ventana Ranch.
Full Description
Positioned along Paseo del Norte NW in the vibrant Paradise West area of Rio Rancho, NM 87114, this approx. 4.41-acre property spans a total lot size of 191,973 square feet. Specifically planned for high-density residential (HDR) development, the site offers a strategic location just 1.5 miles west of Ventana Ranch, placing it close to everyday conveniences, popular retail landmarks like Ventana Square and Petroglyph Plaza, and a surrounding trade area featuring 26,747 occupied households.
The location benefits from steady regional traffic exposure, capturing approx. 3,300 vehicles per day on Paseo del Norte and approx. 2,900 vehicles per day on Atrisco Vista Blvd. Situated within Bernalillo County under Area 120 (Paradise West) with UPC 100606535702840103, this offering provides an exceptional foundation for residential developers seeking growth in an expanding Northwest New Mexico submarket.
Quick Glance
- Listing ID:
CL-New Mexico-28516
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
4.41 Acr
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