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
- 281 days
- 18
- 1
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: 282 days
- Listing terms: Cash,Investor Financing,Lease,Lease Option,Owner May Carry
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Listed for sale | $707,8500% |
Source: | ||
| 10/30/2025 | Listing removed | $707,858 |
Source: | ||
| 4/23/2025 | Listed for sale | $707,858 |
Source: | ||
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


