Great Commercial Location!! This Lot (1.25 Acre) is Located on the SW Corner of Westside Blvd. and Wellspring Ave. by all the New Development on Unser and Westside Blvd. Excellent visibility and Easy Access Through Wellspring Ave. Nice Residential and Commercial Mix Area. Build to Suit, Mostly Level, Utilities close to Property. Seller Financing Terms Available!!
Lot/land
$707,850
1504 Wellspring Ave SE, Rio Rancho, NM 87124
--beds
--baths
1.25Acres
Unimproved Land
Built in ----
1.25 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Mostly level
- 234 days |
- 14 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Faithe Real Estate Group 505-401-0721,
Keller Williams Realty 505-271-8200,
Steven S Etkind 505-263-1500,
Keller Williams Realty
Source: SWMLS,MLS#: 1095255
Facts & features
Property
Lot
- Size: 1.25 Acres
- Topography: Level,Terraced
Details
- Parcel number: 1011067153245
- Zoning description: C-1
Utilities & green energy
- Sewer: Public Sewer, None
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Water Connected, Sewer Not Available
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
- Subdivision: LOS DIAMANTES
Location
- Region: Rio Rancho
Financial & listing details
- Tax assessed value: $352,292
- Annual tax amount: $4,285
- Date on market: 12/3/2025
- Cumulative days on market: 234 days
- Listing terms: Cash,Investor Financing,Lease,Lease Option,Owner May Carry
Estimated market value
Not available
Estimated sales range
Not available
$1,964/mo
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Listed for sale | $707,8500% |
Source:  SWMLS #1095255 Report a problem | ||
| 10/30/2025 | Listing removed | $707,858 |
Source: SWMLS #1082587 Report a problem | ||
| 4/23/2025 | Listed for sale | $707,858 |
Source: SWMLS #1082587 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,293 +0.2% | $117,431 |
| 2024 | $4,286 -9.4% | $117,431 +3.4% |
| 2023 | $4,731 | $113,619 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Rio Rancho Estates
Nearby schools
GreatSchools rating
- 7/10Joe Harris ElementaryGrades: K-5Distance: 0.7 mi
- 6/10Lincoln Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.3 mi
- $--0.5 Acres1620 Wiles, Rio Rancho, NM 87124Off Market
- $--0.5 Acres1616 Wiles, Rio Rancho, NM 87124Off Market
- $262,4000.962 Acres1701 19th Ave SE, Rio Rancho, NM 87124Off Market
- $76,5001.13 Acres1508 Wellspring Ave SE, Rio Rancho, NM 87124Off Market
- $405,0471.485 Acres1508 Wellspring Ave SE, Rio Rancho, NM 87124Off Market
- $1,050,8003 bd3 ba4k sqft1609 20th Ave SE, Rio Rancho, NM 87124Off Market
- $972,4004 bd2 ba3.7k sqft1613 20th Ave SE, Rio Rancho, NM 87124Off Market
- $976,8004 bd5 ba3.4k sqft1605 20th Ave SE, Rio Rancho, NM 87124Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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