Great opportunity to own two adjoining lots totaling approximately 0.62 acres along Rainbow Blvd in Rio Rancho. With plenty of space for future development or long-term investment, these lots offer excellent potential in a growing area of the city. Convenient access to nearby major roads, shopping, schools, and expanding development makes this a great addition to any land portfolio. Buy now and hold for the future or explore the possibilities for your next project.
Lot/land
$27,500
212 & 216 Rainbow Blvd NE, Rio Rancho, NM 87124
--beds
--baths
0.62Acres
Unimproved Land
Built in ----
0.62 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 20 hours
- 18
- 0
Zillow last checked:
Listing updated:
Listed by:
Gabriel Jerome Vargas 505-417-2245,
Double Eagle Real Estate 505-883-1414
Source: SWMLS,MLS#: 1111911
Facts & features
Property
Parking
- Parking features: Paved
Lot
- Size: 0.62 Acres
- Topography: Level
Details
- Parcel number: 1009070240032
- Zoning description: R-1
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Electricity Available, Sewer Not Available, Water Not Available
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Annual tax amount: $143
- Date on market: 10/2/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $27,500 |
Source:  SWMLS #1111911 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 87124
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