$1,600 / month
2-Bedroom House for Rent in Albuquerque, NM | 720 Woodland Ave NW
Albuquerque, New Mexico
Soft OfferHigh Density Multi Family Land for Sale in Rio Rancho, NM | Paseo Del Norte Development Site
Paseo Del Norte Blvd NW, Rio Rancho, Albuquerque, New Mexico 87114
$228,800
Listed 55 days ago
4 acres
Lot
1
Units
About this property
High Density Multi Family Land for Sale in Rio Rancho, NM | Paseo Del Norte Development Site is a land for sale in Albuquerque, New Mexico, listed at $228,800. Key details: lot size 4 acres, total units 1, property status Normal Sale, building status Undeveloped Land. Listed by Coralee Quintana of Exp Realty on LoopingCloud and last updated September 17, 2026.
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.
Key highlights
- High Density Residential development
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Lot Size
- 4 acres
- Total Units
- 1
- Property Status
- Normal Sale
- Building Status
- Undeveloped Land
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Vacant investment property
Investment snapshot
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $228,800 | - | - | - | - |
Features and amenities
Property Other Use Types
- High Density Residential development
Property Features
- Approx. 4.41 total acres of land representing a lot size of 191,973 square feet
- Official situs address located on Paseo del Norte Blvd NW, Rio Rancho, NM 87114
- Assigned Area 120 - Paradise West submarket classification within Bernalillo County
- Unique property parcel identified by UPC 100606535702840103
Highlights
- Prime location within the desirable Paradise West master plan area in Rio Rancho, NM
- Planned explicitly for high-density residential (HDR) development to support multi-family or housing projects
- Strategically positioned just 1.5 miles west of the established Ventana Ranch community and local shopping destinations
- Strong regional traffic exposure with approx. 3,300 vehicles per day on Paseo del Norte and 2,900 VPD on Atrisco Vista Blvd
- Offered at approx. $2.33 per square foot, totaling $448,800 for the entire acreage
Location
Address as shown by the lister.
Get directionsAbout this area - Albuquerque
- Population
- 31,842
- Housing units
- 13,133
- Land area
- 18.8 sq mi
- County
- Bernalillo
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of High Density Multi Family Land for Sale in Rio Rancho, NM | Paseo Del Norte Development Site?
High Density Multi Family Land for Sale in Rio Rancho, NM | Paseo Del Norte Development Site is listed at $228,800.
Where is High Density Multi Family Land for Sale in Rio Rancho, NM | Paseo Del Norte Development Site located?
The property is in Paseo Del Norte Blvd NW, Rio Rancho, Albuquerque, New Mexico 87114, Bernalillo County.
What type of property is this?
This is a land for sale in the commercial category.
How big is the property?
The lot is 4 acres.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Coralee Quintana of Exp Realty listed this property. Use the Request Info button to send a message or call (505) 639-1266.
When was this listing published?
It was published on September 17, 2026 and last updated on September 17, 2026.
Listing information
- Listing ID
- CL-New Mexico-28516
- Published
- Sep 17, 2026
- Last updated
- Sep 17, 2026
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