Multi family Land for Sale in Rio Rancho, NM | Paradise West Development Site

Multi family Land for Sale in Rio Rancho, NM | Paradise West Development Site is a land for sale in Alameda, New Mexico, listed at $298,800. Key details: lot size 8 acres, property status Normal Sale, building status Undeveloped Land. Listed by Coralee Quintana of Exp Realty on LoopingCloud and last updated September 17, 2026.

Key facts

Lot Size

8 acres

Property Status

Normal Sale

Building Status

Undeveloped Land

Pricing details

Financing

Third Party Financing

Investment Property

Vacant investment property

Acquisition options

Property Other Use Types

• Planned specifically for medium-density residential housing (R-1)

Property Features

• Approx. 7.5 total acres of land offering a total size of 326,700 square feet
• Official situs address located in Rio Rancho, NM 87114 within Bernalillo County
• Assigned Area 120 - Paradise West market classification (UPC 100906605509930106)

Highlights

• Prominent residential development opportunity located in the expanding Paradise West submarket of Rio Rancho
• Flexible expansion potential with an adjacent 5-acre parcel available for assemblage, unlocking up to 12.5 total acres
• Strong surrounding trade area demographics featuring a 3-mile population of approx. 84,500 and a median household income of approx. $91,800
• Attractive pricing at approx. $0.91 per square foot, totaling $298,800 for the 7.5-acre holding
• Close proximity to established everyday retail, shopping centers, and daily-needs amenities like Ventana Square and Petroglyph Plaza

Utilities

• Utility infrastructure located approx. 500 feet away on Prickly Brush St NW

About this area - Albuquerque

Population

31,842

Housing units

13,133

Land area

18.8 sq mi

County

Bernalillo

Listing ID

CL-New Mexico-28512

Published

Sep 17, 2026

Last updated

Sep 17, 2026

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