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6801 Jefferson NE | Suite 200 | Albuquerque, NM 87109 505 878 0001 gotspaceusa.com Paseo Del Norte Academy Rd. Paseo Del Norte Northern Blvd. Unser Blvd. Paseo Del Volcan Southern Blvd. Montgomery Blvd. Menaul Blvd. Lomas Blvd. Osuna Rd. Coors Blvd. Corrales Rd. Rio Grande Blvd. 2nd St. 4th St. Unser Blvd. Unser Blvd. Montaño Rd. Alameda Blvd. Tramway Blvd. Tramway Blvd. Juan Tabo Blvd. Eubank Blvd. Wyoming Blvd. San Mateo Blvd. Louisi 25 40 Northern Blvd. Unser Blvd. SITE For Sale Commercial Land NEAR CLEVELAND HIGH SCHOOL Unit 17; Blk O; Lots 1-5 Rio Rancho, NM 87144 Eddie Costello [email protected] 505 217 8805 For more information: SWQ Paseo del Volcan & Iris Rd. NE Paseo Del Volcan Iris Rd. NE Idalia Rd. Sandoval County Public Works Laban Rd. NE V. Sue Cleveland High School ±2,394 students SITE Lots 1-5 | 1.5 Ac. Owner Financing or Trade Considered Sale Price $89,900 Available Land: ±1.5 Acres Zoning C-M-U & C-1 Property Highlights 5 lots on 1.5 Acres Opportunity for Multifamily Units
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Land: ±1.5 Acres C-M-U & C-1 5 lots on 1.5 Acres ... · C-M-U & C-1 Property Highlights 5 lots on 1.5 Acres Opportunity for Multifamily Units. io aco MERO AREA 505 878 0001 THE INFORMATION

Jun 11, 2020

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Page 1: Land: ±1.5 Acres C-M-U & C-1 5 lots on 1.5 Acres ... · C-M-U & C-1 Property Highlights 5 lots on 1.5 Acres Opportunity for Multifamily Units. io aco MERO AREA 505 878 0001 THE INFORMATION

6801 Jefferson NE | Suite 200 | Albuquerque, NM 87109

505 878 0001 gotspaceusa.com

Paseo Del Norte

Academy Rd.

Paseo Del Norte

Northern Blvd.

Unse

r Blv

d.

Paseo Del Volcan

Southern Blvd.

Rio Bravo Blvd.

Bridge Blvd.

98th

St.

Montgomery Blvd.

Menaul Blvd.

Lomas Blvd.

Osuna Rd.

Coor

s Bl

vd.

Corr

ales

Rd.

Coor

s Bl

vd.

Rio

Gran

de B

lvd.

.dvlB at si V ocsirt A

2nd

St.

2nd

St.

4th

St.

Unser B

lvd.

Unse

r Blv

d.

Unse

r Blv

d.

Montaño Rd.

Alameda Blvd.

Gibson Blvd.

Tramway Blvd.

Tramw

ay Blvd.

Juan Tabo Blvd.

Eubank Blvd.

Wyom

ing Blvd.

San Mateo Blvd.

Louisiana Blvd.

Central Ave.Central Ave.

25

40

Northern Blvd.Unse

r Bl

vd.

S I T E

For SaleCommercial LandNEAR CLEVELAND HIGH SCHOOL Unit 17; Blk O; Lots 1-5

Rio Rancho, NM 87144

Eddie [email protected]

505 217 8805

For more information:

SWQ Paseo del Volcan & Iris Rd. NE

Paseo Del Volcan

Iris Rd. NE

Idalia Rd.

Sandoval County Public

Works

Laban Rd. NE

V. Sue Cleveland

High School±2,394 students

S I T E

Lots 1-5 | 1.5 Ac.

Owner Financing or Trade Considered

Sale Price $89,900

Available � Land: ±1.5 Acres

Zoning � C-M-U & C-1

Property Highlights � 5 lots on 1.5 Acres � Opportunity for Multifamily Units

Page 2: Land: ±1.5 Acres C-M-U & C-1 5 lots on 1.5 Acres ... · C-M-U & C-1 Property Highlights 5 lots on 1.5 Acres Opportunity for Multifamily Units. io aco MERO AREA 505 878 0001 THE INFORMATION

Rio RanchoMETRO AREA

505 878 0001THE INFORMATION CONTAINED IS BELIEVED RELIABLE. WHILE WE DO NOT DOUBT THE ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO GUARANTEE, WARRANTY OR REPRESENTATION ABOUT IT. IT IS YOUR RESPONSIBILITY TO INDEPENDENTLY CONFIRM ITS ACCURACY AND COMPLETENESS. ANY PROJECTION, OPINION, ASSUMPTION OR ESTIMATED USES ARE FOR EXAMPLE ONLY AND DO NOT REPRESENT THE CURRENT OR FUTURE PERFORMANCE OF THE PROPERTY. THE VALUE OF THIS TRANSACTION TO YOU DEPENDS ON MANY FACTORS WHICH SHOULD BE EVALUATED BY YOUR TAX, FINANCIAL, AND LEGAL COUNSEL. YOU AND YOUR COUNSEL SHOULD CONDUCT A CAREFUL INDEPENDENT INVESTIGATION OF THE PROPERTY TO DETERMINE THAT IT IS SUITABLE TO YOUR NEEDS.

For more information:

Rio Rancho by the numbers (ESRI 2017 Demographics)

Rio Rancho | The “City of Vision”The City of Rio Rancho is part of the Albuquerque Metropolitan Statistical Area. At only only 31-years-old, Rio Rancho is considered the fastest-growing city in New Mexico. The City is strategically located in the northwest quadrant of the MSA and comprises over 100 square miles of land. The City is just 45 minutes from Santa Fe, the cultural center of the Southwest. Rio Rancho’s adjacency to Albuquerque allows it to draw from the largest labor pool in New Mexico – approximately 400,000 workers.  The metro area offers a capable and quality workforce to prospective employers.

City of Rio Rancho

Sunport International

Airport

Albuquerque

Bernalillo

35 mi. drive North to Santa Fe

30 Minute D

rive to Sunp

ort

ABQ RETAIL REPORT CARD

RETAIL SF (PER SHOPPER PER TRADE AREA)

Southwest Mesa - 9 SF of Retail Rio Rancho - 17 SF of Retail

North Valley - 17 SF of RetailUniversity - 21 SF of RetailDowntown - 23 SF of Retail

Far NE Heights - 30 SF of RetailSE Heights - 30 SF of Retail

NE Heights - 49 SF of of RetailNorth I25 - 133 SF of Retail

Cottonwood - 200 SF of RetailUptown - 638 SF of Retail

STRENGTHSRio Rancho is a business-friendly location

Low Crime Rates

Excellent Public Education System

Diverse Housing Options

Growing list of quality of life amenities

CHALLENGESRio Rancho experiences a significant level of retail leakage into the City of Albuquerque. Approx. $400 Million in leakage

Number 38 in USA Today’s “America’s 50 Best Cities to Live” Ranked as one of the “100 best places to live in America” by Money Magazine

Ranked as the “The top 100 best places to live & launch a business in the US” by Fortune Small Business Magazine (2008)

Rio Rancho “City of Vision”

Rio Rancho is the FASTEST GROWING City in NM & the 2nd MOST UNDERSERVED TRADE AREA in Albuquerque

OPPORTUNITIES Investors can bridge the gap of needs and retail services in Rio Rancho

25

40

Trade Area Analysis

96,013 City Population

$74,497 Average Household Income

34,517 Households

$50,442 Median Disposable Income

2,131 Total Businesses

Fastest Growing city in

the State

22,994 Total Employees

New Home Startsin 2017

Completed Single-Family Residences in 2017

Completed Homes from 2015 to 2017

168

898

54

Information based on Q1 2017 housing data

Eddie [email protected]

505 217 8805