For sale
  • $11,607,600

     Rio Rancho, NM 87124

    --beds
    0baths
    --sqft
    : 
    Other
    Built in ----
    9,673 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Offering Memorandum 9,673± AcresStrategic Development Land | Rio Rancho, New Mexico Executive Summary This rare 9,673± acre holding represents one of the most significant land offerings in the Southwest. Located on the western edge of the Albuquerque metropolitan area, this property is positioned directly in the path of growth, bordered on the east by Rio Rancho and less than one mile from Albuquerque city limits. The land is anchored by unmatched natural resources, most notably a unique, one-of-a-kind water right authorizing up to 56,000± acre-feet annually from deep brackish wells. With more than 15 years and millions of dollars invested in drilling, testing, and development planning, this water asset alone sets the property apart as one of New Mexico's premier speculative development opportunities. Currently operating as a working cattle ranch, the property carries agricultural tax status while providing additional income and recreational value. With its size, location, and resources, this is a true once-in-a-generation opportunity. Location & Access Eastern Boundary: Rio Rancho, NM
    1 day
    |
    76
    |
    7
    |
    • Loading
    • Loading