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.
Sold
Price Unknown
3607 Lake Valley Dr NE, Rio Rancho, NM 87144
--beds
--baths
0.5Acres
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$2,199 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,199/mo
Zestimate® history
Owner options
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Commercial zoned property
Zillow last checked:
Listing updated:
Listed by:
Gabriel Jerome Vargas 505-417-2245,
Double Eagle Real Estate
Bought with:
Barton Lee Murphy, 16112
Commercial First Realty
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: 144 days
- Listing terms: Cash,Conventional,Owner May Carry
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Sold | -- |
Source:  SWMLS #1092126 Report a problem | ||
| 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
Tax history is unavailable.
Neighborhood: 87144
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Nearby schools
GreatSchools rating
- 4/10Cielo Azul Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 3.4 mi
- 7/10V Sue Cleveland High SchoolGrades: 9-12Distance: 3.2 mi
- New Mexico
- Sandoval County
- Rio Rancho
- 87144
- 3607 Lake Valley Dr NE
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