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.
