Great investment opportunity for commercial zoned property. Easy access from the recently expanded King Boulevard. The lot is near Rio Rancho City Hall, Rio Rancho Event Center, UNM Hospital, UNM and CNM Campus. Owner financing available.
Pending
$9,500
3607 Lake Valley Dr NE, Rio Rancho, NM 87144
--beds
--baths
0.5Acres
Est.:
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Commercial zoned property
- 145 days |
- 25 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: February 20, 2026 at 03:22pm
Listed by:
Gabriel Jerome Vargas 505-417-2245,
Double Eagle Real Estate 505-883-1414
Source: SWMLS,MLS#: 1092126
Facts & features
Property
Lot
- Size: 0.5 Acres
- Features: Other, See Remarks
- Topography: Level
Details
- Parcel number: 1011073298502
- Zoning description: O-1
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Other, Sewer Not Available, Water Not Available
Community & HOA
Community
- Subdivision: RIO RANCHO ESTATES
Location
- Region: Rio Rancho
Financial & listing details
- Annual tax amount: $112
- Date on market: 9/29/2025
- Cumulative days on market: 147 days
- Listing terms: Cash,Conventional,Owner May Carry
Gabe Vargas
(505) 417-2245
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Estimated market value
Not available
Estimated sales range
Not available
$2,199/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Pending sale | $9,500 |
Source:  SWMLS #1092126 Report a problem | ||
| 9/30/2025 | Listed for sale | $9,500-52.3% |
Source: SWMLS #1092126 Report a problem | ||
| 1/1/2024 | Listing removed | -- |
Source: SWMLS #1021806 Report a problem | ||
| 4/6/2023 | Price change | $19,900-0.5% |
Source: SWMLS #1021806 Report a problem | ||
| 3/29/2023 | Listed for sale | $20,000 |
Source: SWMLS #1021806 Report a problem | ||
| 9/11/2022 | Listing removed | -- |
Source: SWMLS #1021806 Report a problem | ||
| 8/30/2022 | Listed for sale | $20,000-20% |
Source: SWMLS #1021806 Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source: SWMLS #997701 Report a problem | ||
| 12/31/2021 | Listed for sale | $25,000 |
Source: SWMLS #997701 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$55/mo
Principal & interest
$49
Property taxes
$6
Climate risks
Neighborhood: 87144
Nearby schools
GreatSchools rating
- 4/10Cielo Azul Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 3.4 mi
- 7/10V Sue Cleveland High SchoolGrades: 9-12Distance: 3.2 mi
