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NEQ of Broadmoor Blvd. NE & Montezuma Blvd. NE - Broadmoor Development Site 12.62 Acres of Commercial Land in Rio Rancho, NM 87144
INVESTMENT HIGHLIGHTS
- A +/- 12.62-AC Build-to-Rent Development in Rio Rancho, NM
- Zoned for Commercial - Rezoning is required
- Minutes from Intel, HP, & UNM Sandoval Regional Medical Center
EXECUTIVE SUMMARY
To access the offering package, please sign the Confidentiality Agreement: https://my.rcm1.com/buyer/agreement?pv=djQeBqmBpPo4Q-2ano7eZOBV4vocw32Z3HuLbUsb20eloUkOQVd3Uo8H0Et5PVLF
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Single Family Residence |
| Property Type | Land | Total Lot Size | 12.62 AC |
| Zoning | Commercial - *Rezoning is required | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Residence |
| Total Lot Size | 12.62 AC |
| Zoning | Commercial - *Rezoning is required |
1 LOT AVAILABLE
Lot
| Lot Size | 12.62 AC |
| Lot Size | 12.62 AC |
DESCRIPTION
Broadmoor Development Site Northmarq is pleased to present the Broadmoor Development Site, a ±12.62-acre Build-To-Rent (BTR) development opportunity located in Rio Rancho, New Mexico. Positioned at the northeast quadrant of Broadmoor Blvd NE and Montezuma Blvd NE, the site enjoys immediate access to NM-528 and US-550, offering direct connectivity to Albuquerque’s urban core in under 30 minutes and just 20 minutes to I-25, which is the region’s major north-south transportation corridor. This premier location places the site within proximity to major area employers such as Intel’s Rio Rancho Campus, HP’s Corporate Office, UNM Sandoval Regional Medical Center, Presbyterian Rust Medical Center, and a wide array of retail, schools, and community services. Paseo Del Volcan (PDV) is a significant current roadway project that includes a future six lane bypass road aimed at linking US-550 to I-40. The Property’s prime location off Broadmoor Blvd. NE with easy access to Paseo Del Volcan NE, provides convenient connections to essential Rio Rancho landmarks, including the city’s administrative hub at Rio Rancho City Hall, the Central New Mexico Community College’s Rio Rancho Campus, and the highly regarded V. Sue Cleveland High School. With its proximity to these key locations, it offers an ideal setting for both business and residential purposes. As the fastest-growing city in the state of New Mexico, Rio Rancho offers a pro-development environment, strong population growth, and increasing demand for new housing options—making the Broadmoor Development Site a compelling opportunity for forward-thinking residential developers.
PROPERTY TAXES
| Parcel Number | 1-012-072-468-063 | Improvements Assessment | $0 |
| Land Assessment | $29,319 | Total Assessment | $29,319 |
PROPERTY TAXES
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NEQ of Broadmoor Blvd. NE & Montezuma Blvd. NE - Broadmoor Development Site
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