1412&1416 Idalia Road NE, Rio Rancho, NM 87144 (MLS# 1054951)

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1412&1416 Idalia Road NE, Rio Rancho, NM 87144

$14,000
Property Type: Land Lot Size (sq. ft.): 28,750 Status: Closed
Current Price: $14,000 List Date: 1/04/2024 Last Modified: 3/05/2024

Description

Two adjacent parcels of vacant land, strategically located in a thriving urban area, are currently zoned R1 but surrounded by Special Use (SU) zoning. Situated alongside a well-maintained paved road, these parcels boast high visibility and substantial traffic flow, making them an ideal investment opportunity for the future. Surrounded by diverse SU-zoned developments, these contiguous pieces of land offer a unique prospect for potential rezoning to align with the prevalent land use pattern. With the growing demand for mixed-use and specialized developments, this prime real estate promises a lucrative return on investment, positioning it as a strategic and forward-thinking venture in a dynamic urban landscape.

More Information MLS# 1054951

Status Change Info

Pending Date: 2024-01-22 Closing Date: 2024-03-04

Contract Information

Listing Price: 14000 Current Price: $14,000 List Price/Acre: 21212.12 List Price/Lot SqFt: 0.49 Status: Closed Bank Owned: No

Location

Street #: 1412&1416 Street Name: Idalia St Suffix: Road Post Direction: NE County: Sandoval City/Town Code: Rio Rancho State/Province: NM Zip Code: 87144 Geo Lat: 35.280449 Geo Lon: -106.669215 Area: 151 - Rio Rancho Mid-North Zone Atlas: 75

General Property Description

# of Lots: 2 Acres: 0.66 Lot SqFt: 28750 Lot Size Source: On-Line Apx Lot Dim Front: 50 Apx Lot Dim Side: 285 Flood Zone: X Package Deal: No

Tax & Legal Info

UPC Code: 1013071106162 PID: No SAD: No Current Taxes: 84 GRT Code: 29-524 Tax Exemption: No

Legal Description Details

Short Legal Desc: Unit 13, Block H, Lots 31-32 Tract: na Unit: 13 Block: H Lot: 31-32 Subdivision: Rio Rancho Estates Section: 7 Township: 12N Range: 3E

Remarks & Misc

Directions: From Broadmoor and Idalia, go north to the property. or from Loma Colorado and Idalia, go South to the property. Property is on the South side of Idalia.

Utilities Expnsn Chg

Utilities Expnsn Chg: Yes

Utility Impact Fee

Utility Impact Fee: Yes

Sales Info

Seller Assist Ofrd: No Trade/Xch Considered: No

Association Details

Association: No

Property Features

Distance to Water: None Dist to Electrical: None Distance to Sewer: None Distance to Phone: None Distance to Gas: None Distance to Cable: None Existing Survey: None Possession: Day of Funding Type: Residential; Other - See Remarks Acc. To Prop Line: Paved Road; Public Road Topography: Slight Slope Property Access: N Property Line Features: No Trees Utilities: None Restrictive Covenant: Same As Zoning Docs/Data Available: Aerial Map; Plat Map Timber/Mineral Right: No Mineral Rights; No Timber Rights Wastewater: None Water Source: None Finance Considered: Cash Zoning: R-1
Listing Office: Coldwell Banker Legacy
Last Updated: March - 05 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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